San Diego Chargers announced late Saturday night the team had extended Philip Rivers contract for another four years, worth $83.25 million and $65 million guaranteed.
What matters here is the guaranteed money, as NFL teams can cut players in any year of the contract, and the overall numbers can be a bit inflated.
Rivers has led one of the most successful periods in Chargers franchise history, taking the team to an AFC Championship game in 2007 and four division titles. Despite never finding his way to a Super Bowl, Rivers will make more money guaranteed than Super Bowl winners Ben Roethlisberger ($64 million) and Russell Wilson ($61.5 million).
In addition to his current salary, the aging quarterback’s contract extends over the next five million for around $100 million.