Bridgewater, Panthers finalizing three-year contract

The Panthers are are clearly moving on from Cam Newton, allowing the former NFL MVP quarterback to seek a trade.

In search of his potential replacement, Carolina stayed in the NFC South.

Saints free agent quarterback Teddy Bridgewater is finalizing a three-year contract worth around $60 million.

The #Panthers have their new QB: Teddy Bridgewater lands in Carolina. pic.twitter.com/0j3geVFL9V

— Ian Rapoport (@RapSheet) March 17, 2020

Breaking: The Panthers and Teddy Bridgewater are working on the details of a 3-year contract that averages around $20 million per year, a source tells @mortreport.

The deal is expected to be completed by the time the new league year begins Wednesday. pic.twitter.com/yMfcAnDNZe

— SportsCenter (@SportsCenter) March 17, 2020

Bridgewater is well known by new Panthers offensive coordinator Joe Brady, who worked as an assistant for the Saints from 2017-2018 before heading to LSU last year.

In an off-season in which players might not get to train at their facilities and meet with coaches, Teddy Bridgewater already knows the offense and verbiage that Panthers' OC Joe Brady uses. Bridgewater will hit the ground running in Carolina.

— Adam Schefter (@AdamSchefter) March 17, 2020

The 27-year-old led the Saints to a 5-0 record as a starter last season when Drew Brees was injured.

The Saints have already agreed to a new deal with Brees and have placed a first round tender on restricted free agent back quarterback Taysom Hill.