Panthers continue policy of rewarding their own

After sitting on their money and watching it grow in the bank a year ago, the Carolina Panthers continue to spend, spend, spend.

The team locked up the seventh “core” player with a long-term contract, extending safety Charles Godfrey through 2016 with a five-year extension. According to Joe Person of the Charlotte Observer, the deal is worth $27.5 million and includes $12.4 million guaranteed.

The Panthers have a good group of young players and now they’re taking action under first-year coach Ron Rivera. Godfrey, a former third-round draft pick, made five interceptions last season and was slated to be an unrestricted free agent following this year.

"He's thrilled," agent Doug Hendrickson said. "This is where he's wanted to be from Day 1. He loves the new coaching staff and coach (Ron) Rivera. He's looking forward to helping them get back to the playoffs and do some great things."

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<em>Brad Biggs covers the Bears for the Chicago Tribune

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