As reported by nfl.com, the Carolina Panthers have signed Jake Delhomme to a 5 year extension worth $42.5 million with $20 million guaranteed.
The Carolina Panthers have signed Jake Delhomme to a five-year extension that keeps the quarterback under contract through the 2014 season.
While details weren’t immediately available Thursday, NFL.com’s Steve Wyche reports the deal to be worth $42.5 million, with $20 million guaranteed. The move also clears needed salary-cap space for the Panthers.
The extension comes just over three months after Delhomme had the worst game of his 11-year NFL career, throwing five interceptions and losing a fumble in the Panthers’ 33-13 loss to the Arizona Cardinals in the NFC divisional playoffs. But Panthers coach John Fox and general manager Marty Hurney had expressed strong support for Delhomme, who has been the team’s starter since 2002.
The move also gives Carolina some breathing room under the salary cap, which is weighed down by defensive end Julius Peppers‘ franchise-tag tender worth $16.7 million over one year.