The Carolina Panthers have agreed to acquire former No. 1 overall pick Baker Mayfield from the Cleveland Browns in exchange for a conditional fifth-round draft pick in 2024.

Mayfield was expected to return as Cleveland's starting quarterback next season before the Browns surprisingly signed Deshaun Watson from the Houston Texans in March.

Cleveland then signed Watson, who sat out all of last season amid allegations of sexual misconduct, to a fully guaranteed five-year, $230million contract.

With Watson's availability for the upcoming season still unclear, there was a slight chance Mayfield could remain with the Browns despite his trade demand.

But that ended Wednesday, and Mayfield will now head to a Panthers team that has not reached the postseason since 2017.

Mayfield went 29-30 in 59 regular-season starts with the Browns after they selected him No. 1 overall in 2018.

He led Cleveland to its first playoff appearance in 18 years in 2020 as the Browns reached the AFC Divisional Round before losing to the defending Super Bowl champion Kansas City Chiefs.

That was Cleveland's only playoff appearance during Mayfield's tenure.

Now, Mayfield will compete with Sam Darnold for the Panthers' starting job, with the winner of that battle getting to face the Browns at Bank of America Stadium in Charlotte in Week 1.