Panthers sign QB Teddy Bridgewater to 3-year contract

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Teddy Bridgewater (Photo: Jeffrey Beall / CC BY 3.0)

CHARLOTTE, NC (AP) — The Panthers have signed free agent quarterback Teddy Bridgewater to a three-year contract.

A person familiar with the situation told The Associated Press last week that the contract is worth $63 million.

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The person spoke on condition of anonymity because the team doesn’t release financial terms.

Bridgewater replaces Cam Newton, who was released on Tuesday after nine seasons with the team.