Cam Newton purchases $1.6M uptown condo

Cam Newton purchases $1.6M uptown condo

Credit: Carolina Multiple Listing Services Inc.

Cam Newton purchases $1.6M uptown condo

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by CALEB TROOP / WCNC.com

WCNC.com

Posted on April 26, 2012 at 1:02 PM

Updated Tuesday, May 15 at 11:22 AM

CHARLOTTE, N.C. -- Quarterback Cam Newton found a home on the field with the Carolina Panthers last fall, and now he's found a home off of it as well.

Newton recently closed on a $1.6 million uptown condo in The Trust building, sources tell NewsChannel 36 anchor Bobby Sisk.  The news was first reported last Friday by the Charlotte Business Journal.

The high-security condo includes three bedrooms and three-and-a-half bathrooms and has 3,200 square feet of living space.  Among the benefits of living in the seven-unit building is a membership to the Charlotte Athletic Club, though Newton may not exactly need that amenity.  The home was offered fully furnished and the complex includes a rooftop pool.

Newton will be a neighbor with Charlotte Bobcats owner Michael Jordan, who bought a condo in the same building in the summer of 2010.  Former Bobcat Boris Diaw also owns a condo in the building.

The Panthers quarterback agreed to a four-year, $22 million deal in July of 2011 and went on to become the NFL's Rookie of the Year during Carolina's 6-10 season.  The 22-year-old also has an endorsement deal with Under Armour that, according to CNBC, pays him more than $1 million per year.

Newton threw for 21 touchdowns and set an NFL record with 14 rushing scores by a quarterback in his first season.

The Auburn University product recently announced the Cam Newton Foundation earlier this month that will help kids across the Carolinas.

The listing agent for the condo was Shane McDevitt with the McDevitt Agency, but he refused comment.

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