Cam Newton is celebrating his $100 million extension with Lucky Charms

Cam Newton has the perfect way of celebrating his $100 million contract.

Carolina Panthers quarterback Cam Newton got a big payday on Tuesday, signing a five-year contract extension reportedly worth up to $103 million.

Sixty million of the contract is guaranteed, which puts him in a great position financially going forward.

You might expect the quarterback to celebrate the occasion by treating himself or a family member with a new car, or maybe going out for a fun night on the town. But Newton had even better ideas. 

“Pop a couple milk cartons, Lucky Charms, and add a lil bit of Cinnamon Toast Crunch,” Newton said, when asked how he's celebrating.

• Watch Jameis Winston's awkward encounter with reality star

With that kind of money, you can have all the Lucky Charms and Cinnamon Toast Crunch you want, Cam.

​- Molly Geary