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CLEVELAND, OH (SNN-TV) – The Cleveland Browns agreed to trade quarterback Baker Mayfield to the Carolina Panthers today in exchange for a 2024 conditional draft pick.

The Panthers will pay $4.85M of Mayfield’s salary, while the Browns will pay $10.5M.

Mayfield agreed to convert the remainder of his $18.8M salary into incentives to facilitate the deal, which is pending a physical. Mayfield can earn back that money based on team performance.

Mayfield, the No. 1 overall pick in the 2018 draft, joins a Panthers team that already has Sam Darnold, the No. 3 overall selection in 2018, on its quarterback depth chart. The Panthers also selected Matt Corral in the third round of this year’s draft.