Originally written on Fox Sports  |  Last updated 11/7/14

CHARLOTTE - NOVEMBER 19: Steve Smith #89 of the Carolina Panthers reacts against the Miami Dolphins at Bank of America Stadium on November 19, 2009 in Charlotte, North Carolina. (Photo by Streeter Lecka/Getty Images)
The Carolina Panthers inked the team's career receiving leader Steve Smith to a three-year contract extension that also eased the team's salary cap worries. Smith, who was entering the final year of his previous deal, was signing on through 2015 with an option to add another season in 2016, Pro Football Weekly reported Tuesday. Details of Smith's new earnings were unknown, though the report said it likely mirrors the three-year deal Reggie Wayne recently agreed with the Colts. Smith had been due to be paid $7.75 million in 2012 with a cap figure of $10.7 million. The new deal was thought to ease Carolina's cap room by spreading the payment of Smith's signing bonus across the forthcoming seasons. The team previously was less than $1 million under the cap, Pro Football Weekly said. After a few lean years, the 32-year-old enjoyed a strong revival with Cam Newton in 2011 in the quarterback's rookie season, with 79 catches for 1,394 yards and seven touchdowns.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Elementary school sportswriter has hot take on Cam Newton

Romo was willing to take pay cut to keep DeMarco Murray

Marcus Mariota reportedly not planning to attend NFL draft

Alabama RB dismissed from team after marijuana arrest

Golden Tate: Departure of Suh won't pressure Lion's offense

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Are the Angels being overlooked?

Team USA improves before meltdown in Swiss draw

USC AD skips meeting in Indiana: ‘I am the proud father of a gay son’

David Ortiz clarifies part of essay in The Players' Tribune

Hernandez reportedly 'swore' he wasn't involved in murder

Associated Press examining its use of the Redskins name

WATCH: Spoelstra gives nice shoutout to Craig Sager

WATCH: Drew Miller takes skate to the face

WATCH: Gronk describes his perfect wife

Reigning National Champions to boycott Final Four in Indiana

This isn’t Tom Izzo’s greatest March masterpiece

New development clears path for Rams relocation

WATCH: J.J. Watt sings about stadium food on 'New Girl'

Kings ready to shut down DeMarcus Cousins

Jameis Winston may skip NFL draft to be with grandmother

Phillies to sell hard liquor, wine at Citizens Bank Park

Jason Dufner, wife Amanda getting a divorce

Top 10 players in baseball

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

This isn’t Tom Izzo’s greatest March masterpiece

Are the Angels being overlooked?

Top 20 players in the Final Four

Top 10 players in baseball

Report: Tiger's plane spotted in Augusta

Moss shares story on meeting Deion

Five coaches already on the hot seat

Can we envision the Hawks in the Finals?

10 winners and losers from the past week in the NFL

Namath parties with 100 yr-old women

Report: Shaka Smart talking to Texas

Rick Barnes to land at Tennessee?

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.