The Carolina Panthers have made another move at quarterback. Baker Mayfield is headed to the Carolina Panthers in exchange for a conditional 2024 fifth-round draft pick.
Ian Rapoport was among the first to break the news on social media Wednesday afternoon:
A new QB in Carolina: The #Panthers are acquiring former No. 1 overall pick Baker Mayfield from the #Browns for a 2024 conditional 5th-round draft pick, sources tell me and @TomPelissero. Deal is pending a physical. All parties split the financials to make it happen. pic.twitter.com/xuTLqosmZm
— Ian Rapoport (@RapSheet) July 6, 2022
According to Rapoport, the parties “split” the financials to make the deal happen. As has been reported in recent weeks. Mayfield’s contract — coupled with recent spending by the Browns — had been a sticking point in trade negotiations. Mike Garafolo reported on the financial terms of the deal, which included Mayfield taking a pay cut:
More: The #Browns will pay Baker Mayfield $10.5 million this season, which means they trimmed over $8 million in cash and salary-cap space. The #Panthers will pay Mayfield ~$5 million. Mayfield agreed to trim ~$3.5 million off his base salary.
— Mike Garafolo (@MikeGarafolo) July 6, 2022
Mayfield now gets a new start in the NFC South, and the Panthers are hoping he can be the answer to their lingering quarterback woes.
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