As announced on Thursday, the Panthers and running back Chuba Hubbard have agreed to a long-term contract extension. The pact, as first reported by NFL Network insider Ian Rapoport, will span over four years—with $37.2 million in maximum value and $15 in new guaranteed money.

Chuba Hubbard is in the midst of a career year with the Panthers. Carolina is rewarding him with a lucrative, four-year contract extension.

The Carolina Panthers on Thursday rewarded running back Chuba Hubbard with a four-year contract extension that will run through 2028. The deal, according to a league source, is worth $33 million with a maximum value of $37.