Chargers Extend Philip Rivers Through 2015 Season

The San Diego Chargers moved today to secure their franchise quarterback's services for six more years. Philip Rivers signed a six year contract extension that will keep him in San Diego through the 2015 season.

According to both and the San Diego Union-Tribune, Rivers and the Chargers agreed to a $92 million dollar contract extension, with about $38 million guaranteed.

“This is a good day for the Chargers and Chargers fans,” said team President Dean Spanos. “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.”

General Manager A.J. Smith: “We feel Philip is an outstanding player with a very bright future. It’s a great feeling knowing he will be with us for many years to come.”


August 24, 2009

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Anonymous said... Aug 24, 2009, 6:39:00 PM

Alright Big $$$. Just add some Superbowl Bling to your finger(s) and to those of your team mates and that dough will be justified. Honestly, I can't stand the thought of LT and possibly even you entering into the HOF without the jewelery.

Anonymous said... Aug 25, 2009, 8:13:00 AM

Killjoy alert! I "guess" congratulations are due Philip Rivers, and I'm trying to understand the Team President when he says, “This is a good day for the Chargers and Chargers fans”; but I just can't get my brain around the propriety of paying a single football player $7,371.79 dollars an HOUR for 6 years ($3,044.87 per hour of it guaranteed) for handing it off, pitching it, or sometimes throwing a spiral pass with an inflated bladder. Especially in these times, it is just impossible to justify, in my opinion. I know this will agitate many Boltheads, but it just needs to be said; it just ain't right. It's corrupting to even imagine, much less sign off on, the idea that such greed and/or gluttony shouldn't be questioned simply because the the amounts are so "suitably" huge, AND to also portray such examples as "role models" to our youth (even, God help us, a Michael Vick!?). Is this good business..., at all?

Anonymous said... Aug 25, 2009, 2:22:00 PM

Now its time to get Merriman signed. Philip could of gotten more on the free agent market. Glad this deal got done.

Anonymous said... Aug 26, 2009, 12:47:00 AM

okay the guy who is the killjoy needs to complain more about rookie salaries like what Matthew Stafford got this past year. THAT'S ridiculous, not PR's contract. He earned it, and what are the Chargers to do? Let PR go and start Billy volek next year? Manning set the bench mark w/ his 97 million dollar deal, and he's a worse QB. This was the only option, and it was a good one. Good job getting it done before the season starts.

Anonymous said... Aug 26, 2009, 2:05:00 AM

mr killjoy, dont blame the Chargers and Rivers for the big contract, its just economics in 2009

go cry a river about something else

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