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Rivers gets 6-year, $92M deal

Discussion in 'Latest Chargers News & Headlines' started by robdog, Aug 24, 2009.

  1. robdog

    robdog Code Monkey Staff Member Administrator

    Jun 29, 2009
    Source: <a href="http://sports.yahoo.com/nfl/news;_ylt=Au1roA51tvqqEWD5LJIO_445nYcB?slug=ap-riverscontract&amp;prov=ap&amp;type=lgns" target="_blank">Associated Press</a>

    By Bernie Wilson

    <div class="alignright"><a href="http://www.everyjoe.com/files/144/2008/01/philip-rivers.jpg"><img class=" " title="Philip Rivers" src="http://www.everyjoe.com/files/144/2008/01/philip-rivers.jpg" alt="Philip Rivers" width="246" height="203" /></a></div>

    SAN DIEGO (AP)-Quarterback Philip Rivers signed a six-year contract extension Monday with the San Diego Chargers worth $93 million, with $38 million guaranteed.

    A person familiar with the contract confirmed the numbers to The Associated Press, but requested anonymity because the team did not release any figures. The deal goes through 2015.

    Rivers is coming off his best pro season, when he set a team record for touchdown passes with a league-high 34. He also led the NFL with a quarterback rating of 105.5, another team record.

    "This is a great day for the Chargers and Chargers fans," Chargers president Dean Spanos said. "Philip has proven he has all of the necessary qualities to be a successful quarterback in the NFL. He's a proven winner and an unquestioned leader for this football team."

    Indeed, Rivers led San Diego to the AFC championship game in 2007, where they lost to New England. He played that game despite having a torn ACL in his right knee.

    In 2004, with the Chargers coming off an NFL-worst 4-12 finish, Eli Manning's family asked San Diego not to draft him with the No. 1 pick overall. General manager A.J. Smith did anyway, then sent him to the Giants for Rivers and a handful of picks.

    Rivers became the starting quarterback in 2006. He's led the team to the playoffs in each of the past three seasons and has a career record as a starter, including playoffs, of 36-18. The 27-year-old Rivers is 22-5 at home and also holds the Chargers' record with a 92.9 career passer rating.

    Manning recently signed the biggest contract in the league, a six-year extension worth $97 million, with $35 million guaranteed and an average salary of $15.3 million starting next season. Both Manning and Pittsburgh's Ben Roethlisberger, other first-round quarterbacks in the 2004 draft, have won Super Bowls. Roethlisberger signed an eight-year contract extension worth $102 million in 2008.

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