The New Orleans Saints should see Cam Newton for several more seasons with the Carolina Panthers. The Charlotte Observer and USA Today are among many outlets to report Newton will be paid at least $20 million per year over a five-year extension that will run through 2020.

The contract will put Newton in the company of the Saints’ Drew Brees as a quarterback with a $20 million average annual salary. Other quarterbacks with $20 million per year deals are the Packers’ Aaron Rodgers, Steelers’ Ben Roethlisberger, Falcons’ Matt Ryan and Ravens’ Joe Flacco.

Newton, 26, is entering the fifth-year option of his rookie contract. He will be paid $14.66 million in 2015.

USA Today says the Newton deal will set the market for other young quarterbacks like Russell Wilson of the Seattle Seahawks and Andrew Luck of the Indianapolis Colts, both due for hefty contracts.

The Charlotte Observer notes Newton will be paid more for what he should bring the Panthers in the future than what he has already achieved.

What do you think? Are the Panthers wise to sign Newton to a long-term, big-money deal?

SOURCE: NOLA.com – Christopher Dabe