Posted: Wednesday, Jul. 28, 2010
Carolina Panthers avoided any potential holdout drama by reaching an agreement on a four-year contract with quarterback Jimmy Clausen.
The Panthers and Clausen's agent, Gary Wichard, negotiated through the night, eventually reaching a deal that will allow him to report to camp on time today.
Clausen's four-year deal could pay him up to $6.3 million if he hits a package of incentives, according to a league source. The deal also includes a fourth-year escalator potentially worth $2.8 million. Including his first-year salary, the deal includes $2.533 million guaranteed.
Clausen is expected to arrive in Spartanburg to sign his contract this afternoon.
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