Cam Newton and the Carolina Panthers are on the verge of some serious business.Play NFL Fantasy Football!NFL Media Insider Ian Rapoport reported Monday that Newton and the Panthers are close to agreeing on a long-term deal that would keep him under team control through the 2020 season, according to sources involved in the situation. The deal is expected to be five years worth more than $100 million, according to Rapoport, via sources.Rapoport added that the deal came together very quickly after the two sides had little progress in talks through last week. WZGV-AM first reported the news.Newton, 26, has been the Panthers’ starting quarterback since entering the league as the first overall pick in the 2011 NFL Draft. The Panthers exercised the fifth-year option of Newton’s rookie deal last year, which had him set to earn $14.67 million this season.

Source: Dan Hanzus of NFL.com