Quarterback Cam Newton says his move to the New England Patriots is about “respect”, rather than money.
Newton signed a one-year deal with the Patriots in which he is only guaranteed a reported $550,000 (£400,810).
He was released by the Carolina Panthers in March but would have made $19m (£15.2m) if he had stayed for the final year of his contract.
In his statement :
“It’s not a lot of things money cannot buy, but amongst the top of that list of things, you would find respect as one of those!
“This is not about money for me, it’s about respect.”
CBS Sports first reported the specific terms of Newton’s deal.
Newton’s salary-cap charge is just $1.13 million, which is a key figure because the Patriots have been tight to the salary cap (in part because of a $13.5 million dead cap charge for Tom Brady). The team has about $200,000 of remaining cap space after Newton’s deal.
On Sunday, when ESPN first reported that Newton had agreed to a contract with the Patriots that was heavy on incentives, San Francisco 49ers cornerback Richard Sherman was critical of the deal.
He tweeted: “How many former League MVPs have had to sign for the min? (Asking for a friend.) just ridiculous. A transcendent talent and less talented QBs are getting 15/16m a year. Disgusting.”