Home / NFL Transactions / Panthers Sign QB Derek Anderson To A Two-Year, $5M Extension

Panthers Sign QB Derek Anderson To A Two-Year, $5M Extension

Update:

Ian Rapoport reports that Derek Anderson’s new two-year extension with the Panthers is worth $5 million in total includes $1.5 million in 2015.

  • Anderson is now under team control through the 2017 season.

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The Carolina Panthers announced Wednesday that they’ve signed veteran backup QB Derek Anderson to a two-year contract extension.

I’m excited about this for my family. To be here with the players, coaches and management we have – everything is top notch,” Anderson said. “It was a no-brainer for me.”

“I put a lot into it. I keep preparing, and my (role on this team) is very important to me,” Anderson added. “I love football. I love going out there and helping guys in whatever way I can, helping this team in whatever way I can. Being here with the group that we have makes that easy.”

Anderson is clearly locked into the team’s backup job behind Cam Newton.

Anderson, 32, was in the final year of his two-year, $2.564 million contract that included a $400,000 signing bonus. He was set to make a base salary of $1.175 million for the 2015 season.

In 2014, Anderson appeared in six games for the Panthers and threw for 701 yards while completing 67 percent of his passes to go along with five touchdowns and no interceptions.