Panthers sign No. 1 pick Young to rookie deal worth reported $37.9M

The Carolina Panthers and quarterback Bryce Young agreed to terms on his rookie contract on Friday, the team announced.

It's a fully-guaranteed four-year, $37.9-million deal, reports ESPN's Adam Schefter. The pact also includes a signing bonus worth nearly $24.6 million, according to NFL Network's Ian Rapoport.

Carolina drafted Young first overall in April after he put on a show at Alabama. As the Crimson Tide's starter, the 21-year-old passed for 79 touchdowns against just 12 interceptions in two seasons. He also won the Heisman Trophy in 2021.

The Panthers finished last season with a 7-10 record but acquired the first overall pick in this year's draft as part of a blockbuster trade with the Chicago Bears.

Young joins a Carolina team that hasn't had a winning record since 2017. The Panthers had issues with quarterbacks in particular in 2022, starting three different passers throughout the campaign.

Copyright (C) 2023 Score Media Ventures Inc. All rights reserved. Certain content reproduced under license.