Breaking down Cam Newton's $118.466 million Panthers deal

Carolina Panthers quarterback Cam Newton's $118.466 million contract includes a $22.5 million signing bonus and averages $20.76 million per year.  The deal includes $60 million guaranteed with a $10 million option bonus.
Here's how the five-year extension breaks down:
In 2015, he has a $1 million guaranteed base salary and a $13 million salary-cap figure. He makes $31 million in 2015, including a $7.5 million roster bonus paid on June 6.
In 2016, Newton makes $23 million and has a $19.5 million salary-cap figure. He has a $13 million base salary guaranteed for injury only at signing and for skill and cap if he's on the roster on the third day of the 2016 league year. He has a $10 million option bonus in 2016.
The deal has a $500,000 base plus guaranteed money deescalator if Newton fails to complete workouts. The Panthers have the right to supersede the contract with a $10 million signing bonus with all other terms unchanged or the $10 million option bonus deferred or supersede the signing bonus deferral to April 3, 2017 with a $10 million non-exercise fee. In 2017, he's due a $13.166 million base salary and has a $20.166 million salary-cap figure. The base salary is guaranteed for injury only at signing and becomes guaranteed for skill and cap if he's on the roster on the third day of the 2017 league year. It reduces to $6 million if the option/supersede or non-exercise fee is paid. He has a $500,000 workout bonus.
In 2018, Newton has a $21.5 million salary-cap figure and is due a $14.5 million base salary with $2.834 million of it guaranteed for injury only and that voids if the option/supersede/non-exercise fee is paid. He has a $500,000 workout bonus.
In 2019,  Newton is due a $16.2 million base salary and has a $23.2 million salary-cap figure. He has a $500,000 workout bonus.
In 2020, Newton has a $18.6 million base salary and a $500,000 workout bonus with a $21.1 million salary-cap figure. Follow me on Twitter: @RavensInsider
Aaron Wilson covers the Ravens for The Baltimore Sun
Aaron Wilson
Aaron Wilson covers the NFL for National Football Post, his second stint at the Post. He has previously written for Pro Football Talk and FOX Sports-Scout. Entering his 13th year covering the Baltimore Ravens, he's a beat writer for The Baltimore Sun. Wilson has also covered the Jacksonville Jaguars and Tennessee Titans.