Ahead of the trade deadline, it was clear the Panthers would not be willing to deal away Chuba Hubbard. The fourth-year running back was on track to reach free agency this offseason, but that is no longer the case.
Hubbard and the Panthers have agreed to a four-year extension, Ian Rapoport of NFL Network reports. The deal (which is now official) has a base value of $33.2MM, but it can increase by $5MM through incentives. In terms of guaranteed compensation, Hubbard will receive $15MM fully locked in.
The Athletic’s Joe Person predicted on Thursday that Hubbard would translate his 2024 campaign, on track to be the best of his career, into a new contract before the end of the campaign (subscription required). That has proven to be accurate, and the 25-year-old Canadian will now be on the books through 2028. Hubbard has handled RB1 duties for much of the past two seasons despite the presence of Miles Sanders, and his 14.8 carries per game are slightly higher than last year’s workload. He is averaging 5.0 yards per attempt in 2024, the best mark of his career.
After Christian McCaffrey was traded away midway through the 2022 campaign, the door opened for other Panthers to take on a larger workload in the backfield. Hubbard has been the primary beneficiary of that move, and the Oklahoma State product topped 1,100 scrimmage yards while rushing for five touchdowns last year. Hubbard has already matched the latter figure through nine games this season, and he is comfortably on pace reach 1,000 yards on the ground for the first time in 2024.
More to come…
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