Giants' Eli Manning signs extension worth reported $84 million
Giants quarterback Eli Manning has signed a contract extension worth a reported $84 million over four years.
The contract includes a no-trade clause and $65 million in guarantees, reports Ralph Vacchiano of the New York Daily News.
“I'm obviously excited knowing I’ll be a Giant for a long time,” Manning said in a release. “This is where I got started and where I want to finish. I still have the same mentality. My goal is to earn this contract and do my best and keep trying to win championships for the Giants.”
Manning's average salary of $21 million makes him the fourth-highest-paid quarterback in the league behind Aaron Rodgers, Russell Wilson and Ben Roethlisberger. The $65 million guaranteed equals the contract of Philip Rivers for the most in league history. Manning is now owed $101.5 million over the next five seasons, the highest five-year payout ever.
Both player and team were pleased to get the deal done prior to the season, as Manning had hoped. He is the franchise leader in pass attempts, completions, passing yards, touchdown passes and interceptions. He was acquired by the Giants in a trade for Philip Rivers during the 2004 draft after being selected first overall by the Chargers.
“I think that there would be no doubt for all of us to have that behind us,” coach Tom Coughlin said, in a statement, “particularly Eli and his family, to have that behind them and no longer have questions about that every day or every time he appears. I think that’s a good thing.”
Entering his 12th season, Manning will look to right the ship in New York after the Giants suffered two consecutive losing seasons. The three-time Pro Bowl selection threw for 4,410 yards and 30 touchdowns last season, both the second-best totals in his career. Manning led the Giants to Super Bowl victories in 2007 and 2011 and has started 167 straight regular-season games – the longest streak among active NFL players.
“Not many people come to a team and play there for an extended period of time or, hopefully, their whole careers,” Manning said. “I feel obviously blessed to be part of the Giants family and to have played my career here, with the fans, the ownership and everything the Giants represent. It’s been a great 11 years going into 12, and hopefully we can continue to have some great years, and there are a lot of fond memories ahead of us.”
The Giants open the season on the road against the Dallas Cowboys on Sunday night.
- Alex Nieves