Reports: Former Panthers QB Cam Newton to join Patriots on 1-year deal

FILE - In this Sept. 8, 2019, file photo, Carolina Panthers quarterback Cam Newton (1)...
FILE - In this Sept. 8, 2019, file photo, Carolina Panthers quarterback Cam Newton (1) stretches prior to an NFL football game against the Los Angeles Rams in Charlotte, N.C. Even with the status of the upcoming season uncertain because of the coronavirus pandemic, teams continue to tinker with their rosters by adding players they hope will help them win — whenever, or if, they actually play. Newton is 31 and five years removed from his AP NFL MVP season, but he has been posting workout videos on Instagram to show he's now healthy. Where he eventually ends up — likely as a backup, at least at first — remains one of the most intriguing storylines of the offseason. (AP Photo/Mike McCarn, File)(AP)
Updated: Jun. 28, 2020 at 8:15 PM EDT
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CHARLOTTE, N.C. (WBTV/CBS Sports) - Former Carolina Panthers quarterback Cam Newton has found a new home.

The quarterback has reached an agreement to sign with the New England Patriots on a 1-year deal, according to ESPN’s Adam Schefter. NFL Network’s Ian Rapport said the incentive-laden deal is worth $7.5 million.

Newton turned 31 years old last month.

Newton, who was released by the Panthers back on March 24, will join a Patriots quarterback room that currently includes Jarrett Stidham, Brian Hoyer and rookie Brian Lewerke. The Patriots did not draft a quarterback despite losing Tom Brady, who signed a two-year deal with the Tampa Bay Buccaneers earlier this offseason.

Earlier this month, it was reported that Newton and the Patriots had some contact shortly after Newton became a free agent. Speaking to reporters on May 7, coach Bill Belichick did not rule out the possibility of the Patriots signing a veteran quarterback. “You never know what’s going to happen down the road,” he said, “but we feel like we have four good players there.”

A former No. 1 overall pick, Newton has a 71-59-1 career record as a starting quarterback. He has thrown for 29,041 yards (completing 59.6% of his passes) with 182 touchdowns and 108 interceptions.

One of the most mobile quarterbacks in league history, Newton has rushed for 4,806 yards and 58 touchdowns while averaging 5.1 yards per carry. In 2015,

Newton became the first quarterback in league history to throw 35 touchdowns and run for 10 scores in the same season.

Newton is coming off a foot injury that kept him sidelined for the majority of the 2019 season.

Newton, the 2010 Heisman Trophy winner, won league MVP honors in 2015 after helping the Panthers win 15 regular-season games en route to an appearance in Super Bowl 50.

Over the past several months, the 31-year-old Newton has regularly posted updates of his workouts via social media. Newton’s most recent workout video was posted on Saturday, a day before news broke of him agreeing to terms with the Patriots.

Copyright 2020 WBTV. All rights reserved. CBS Sports contributed to this report.