It took a little bit of Rivers’ own negotiating, but the man who lead the league in quarterback rating last season finally got the contract extension that he was looking for. To the tune of six years and $92 million.
The extension is for six years and is worth $92 million, a source told ESPN.com. About $38-39 million is guaranteed. More importantly, the deal will keep Rivers off the free-agent market next spring, and will preclude the Chargers from having to exercise a franchise designation to retain him. The extension comes amid reports that the Chargers would have a difficult time reaching an extension accord with Rivers, a first-round choice in the 2004 draft.
But the negotiating climate turned over the weekend, and keeping Rivers for the long term with the extension is a coup for general manager A.J. Smith, who has done an exemplary job in keeping the nucleus of his roster intact with contract extensions.
Though a little less than Eli Manning’s extension, we all know who the better quarterback. It’s pretty obvious now that if they had to do it all over again, who the Chargers would’ve selected with the #1 pick in 2004.