Philip Rivers has agreed to contract extension with Chargers
San Diego Chargers quarterback Philip Rivers agreed to a contract extension, news first broken by San Diego Union-Tribune’s Kevin Acee and confirmed in an announcement from the team on Saturday night.
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The deal is for four years, valued at between $84 million and $85 million, NFL Network’s Ian Rapoport reported.
This is great news — and unexpected, given it’s a Saturday night during the preseason — for a team with so many unknowns heading into this season, most notably if it’ll stay in San Diego. Rivers had told the Union-Tribune that he would let the final year on his contract expire before negotiating a new one, hinting that a potential move to Los Angeles didn’t sit well with him.
“I know that moves are part of life,” Rivers told the newspaper in March. “But that certainly is fair to say that [not being sold on moving to Los Angeles] is part of it. The good thing is I’m not under contract in a year where we’d potentially be in Los Angeles.”
Things evidently changed.
And they changed in a big way with a massive deal that appears to pay him like a top-five quarterback in terms of annual salary, and the $65 million guaranteed would be the most ever given to an NFL player — topping the $61.5 million Russell Wilson recently received.
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Eric Edholm is a writer for Shutdown Corner on Yahoo Sports. Have a tip? Email him at [email protected] or follow him on Twitter! Follow @Eric_Edholm