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Cam Newton signs 5-year, $103.8 million contract extension

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Time to start breaking down the numbers for Cam Newton's contract. They are slowly rolling in.

Sam Sharpe-USA TODAY Sports

Fooch's update - Some more details:

Another quarterback contract domino has fallen. Cam Newton has agreed to terms with the Carolina Panthers on a five year contract that could be worth as much as $103.8 million. Reports indicate the deal includes $67.6 million in the first three years, with $60 million guaranteed.

There is no word yet on what those guarantees include. For comparison's sake, Colin Kaepernick's contract included $61 million in "guaranteed money", but only $12,973,766 was fully guaranteed on signing. The remaining $48,026,234 included injury and rolling guarantees.

Kap's deal included just over $40 million in the first three seasons. Cam's deal is the most ever for the first three years, and his total deal exceeded Matt Ryan's, which was $103.75 million in total potential value.

We'll keep an eye out for more details on Cam's contract. It doesn't really impact Colin Kaepernick at this point, but certainly could be something to watch in a few years if the 49ers and Kap end up re-doing the contract. It is highly likely Kap's deal is restructured in some form or fashion before too long. Whether he over- or under-performs, there will be changes for performance and potential cap purposes.

Now that Cam's deal is done, the next big name is Russell Wilson. He will be followed by Andrew Luck, which means more big money for quarterbacks coming down the pike.