Cam Newton Signs One-Year Deal with New England Patriots

Cam Newton is getting a new lease on football life -- for at least a season, anyway -- 'cause the New England Patriots have signed the veteran quarterback to a deal.

The ex-Carolina Panthers star -- who took his team to the Super Bowl in 2015 -- has agreed to a one-year contract with the team, which is said to be incentive-based ... so not a whole lot of money upfront. Definitely a ton of opportunity though for the former starter, especially if he performs well. NFL Network's Ian Rapoport says the contract is worth up to $7.5 mil if he hits all his bonuses.

Cam will presumably get some decent playing time and the chance to become the first-string QB for the Pats -- seeing how they got a relatively new guy in Jarrett Stidham in that spot right now ... this, of course, after Tom left the team this past off-season to head to Tampa.

Long story short ... the top spot is kinda up for grabs in New England, and if Cam can prove he's capable of performing again at a high level, he may very well fill in as the team's new franchise quarterback. Granted, he's had an up and down trajectory since his SB year -- mostly due to injuries. That said, we've all seen what Cam can do when he's healthy ... the guy was the league's MVP in 2015.

The bright side ... the dude looks like he's been staying in great shape, as he's been posting a ton of workout videos lately after being released by the Panthers. Seems like he's ready to step in and play -- and it would appear Kraft, Belichick and co. agreed.