The Panthers have given quarterback Jake Delhomme a five-year contract extension worth $42.5 million, according to the Associated Press.
"It's all about being able to know that I can finish my career here in Carolina," Delhomme said. "That's what I've wanted, all I've ever wanted."
The deal will keep Delhomme under contract through the 2014 season, and includes $20 million in guarantees.
The agreement also clears cap space for Carolina, as Delhomme's contract was set to count for more than $10 million next season.
Panthers Give Delhomme Five-Year Extension