The Chargers and quarterback Philip Rivers have agreed to terms on a six-year contract extension (through 2015) that will guarantee him $38 million. Philip will make more than $50 million over the first three years of the deal, which has a total value of $92 million.
Philip Rivers signs 6 year contract extension with the San Diego Chargers
Rivers deal is a little bit less than the one signed by Eli Manning with the Giants, but sources are reporting that the negotiations were a breeze because of Philip's desire to stay in San Diego and get a deal done. As we've all suspected, Rivers is not pretentious.
I wanted to put this up real quick, and maybe I'll delve into it a little bit more tomorrow, but there is one thing I wanted to point out. It's very difficult to be a leader, whether you're the QB or coach or whatever, when the rest of the team knows you may not be back the following season. Now, when his teammates look at Philip they're not only going to see a guy who will be there for a while, but they're going to see the face of the franchise for the foreseeable future. That goes a long way in helping him this season.
Congratulations are in order for Philip, the team and Chargers fans.