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Former Carolina Panthers quarterback Cam Newton finally has a new home.

According to ESPN’s Adam Schefter and Chris Mortensen, the New England Patriots have signed the former MVP QB to a one year, incentive-based deal. TSC News editor Fred Richani reacts to the Pats getting Newton for a bargain:

Newton will join Tom Brady’s heir apparent Jarrett Stidham and Brian Hoyer in training camp to compete for the starting job. Despite being riddled with injuries since the Panthers’ Super Bowl appearance in 2016, Newton is still just 31 years old and could make an immediate impact if healthy.

In addition to the Pats’ good news, the organization also received some bad news. Per Schefter, the Patriots will be fined $1.1 million, lose a 2021 third round pick, and the organizations TV crew is not allowed to film during the 2020 season. In other words, a tax write-off and minor inconvenience for longtime owner Robert Kraft…

Fast Facts about New England Patriots QB Cam Newton (man, that sounds weird to read out loud):

• 2015 NFL Most Valuable Player
• Three-time Pro Bowler (2011, 2013, 2015)
• 2011 NFL Offensive Rookie of The Year
• 2015 First-team All-Pro
• 2010 Heisman Trophy winner with Auburn Tigers
• Most rushing touchdowns by an NFL QB with 58 total
• Career stats:
  • 182–108 touchdown to interception ratio (since 2011)
  • 29,041 passing yards, 59.6% completion percentage
  • Passer rating: 86.1
  • 4,806 rushing yards, 58 rushing TDs
• Played for Carolina Panthers from 2011-2019 season under head coach Ron Rivera
• Led Panthers to second Super Bowl appearance in franchise history (Super Bowl 50)