The Carolina Panthers have picked up the fifth-year option on the contract of Cam Newton.

Under the CBA, Newton will be entitled to the average of the league's 10 highest paid quarterbacks in 2015. That estimate comes out at $14.67 million. The Panthers likely won't get to the fifth year of Newton's contract as they remain set on signing him to a long-term deal.

Newton underwent surgery on his left ankle last month. The rehabilitation likely will take him up to the start of training camp in late July.