Post by scorpion42 on Aug 6, 2009 15:12:08 GMT -7
Eli, Giants agree to 6-year, $97.5M extension
by Jay Glazer
Jay Glazer is a Senior NFL Writer for FOXSports.com on MSN and also appears every week on FOX NFL Sunday as the network's NFL Insider.
Updated: August 5, 2009, 8:48 PM EDT
Originally reported at 7:53 a.m. ET:
The Manning family fortune is about to grow again.
The Giants and Super Bowl-winning quarterback Eli Manning agreed to a blockbuster six-year contract extension, according to the Associated Press.
FOXSports.com's Jay Glazer was the first to report that the two sides were nearing a deal.
The contract would make Manning one of the highest paid players in NFL history, FOXSports.com has learned.
Manning, who was drafted first overall in 2004, is entering the last year of his rookie deal. The new agreement will tack on six additional years and $97.5 million, with $35 million guaranteed, but it hasn't been signed yet.
The deal will make the 28-year-old the highest-paid player in the history of the Giants organization as well as the highest-paid quarterback (per year) in NFL history, a figure Giants fans would probably not argue with.
Manning's deal would average out to about $15.3 million over the next seven seasons, the biggest per-year long-term contract in the NFL today. Julius Peppers signed a one-year tender with the Carolina Panthers that will pay him over $16.7 million in 2009, the only player whose current deal would have a higher average base salary.
Money Manning
What will a Super Bowl MVP award and a Pro Bowl selection get you? For Eli Manning, $97.5 million. A look at the career numbers of the Giants' star QB:
Manning' s older brother, Peyton, earns an average of $14.17 million annually with the Indianapolis Colts.
Giants general manager Jerry Reese said that a new contract would not put more pressure on Manning.
"He is used to that," Reese said. "He won't get more pressure than he already has in this market. He knows how to handle pressure and he has done it before. I don't expect to see any difference in his attitude and his work ethic. He works hard. He expects a lot from himself. He knows what his role here is with us and we expect him to continue it for a long time."
"He is a franchise quarterback," Giants general manager Jerry Reese said Wednesday. "He has done everything we asked him to do. He has come in, taken a lot of flack from you guys (the media) and he just keeps going. He does what we ask him on the field and he does what we ask him to do off the field. He is a good football player."
Last season, Manning played in his first Pro Bowl after throwing 21 touchdowns passes and only 10 interceptions in leading the Giants to a 12-4 record. It was his best season in terms of passer rating (86.4), completion percentage (60.3) and fewest interceptions.
He became a legend in New York by winning the Super Bowl in the 2007 season, knocking off the then-unbeaten New England Patriots.
Manning was named Super Bowl XLII's Most Valuable Player. With the Giants trailing late in the game, Manning — not even remotely known as a scrambler — somehow eluded a fierce Patriots pash rush and completed the now-famous third-down pass to David Tyree, who made a miraculous catch, trapping the ball on top of his helmet.
Later on that drive, Manning threw a 13-yard touchdown pass to Plaxico Burress that won it for New York.
For his career, Manning has completed 56 percent of his passes and has thrown 98 touchdown passes vs. 74 interceptions.
Manning has started the last 71 games for New York, the third-longest streak among active quarterbacks at the end of last season. During that span he also has become the first Giants quarterback to throw for 3,000 yards and at least 20 touchdowns in four consecutive seasons.
(The Associated Press contributed to this report.)
by Jay Glazer
Jay Glazer is a Senior NFL Writer for FOXSports.com on MSN and also appears every week on FOX NFL Sunday as the network's NFL Insider.
Updated: August 5, 2009, 8:48 PM EDT
Originally reported at 7:53 a.m. ET:
The Manning family fortune is about to grow again.
The Giants and Super Bowl-winning quarterback Eli Manning agreed to a blockbuster six-year contract extension, according to the Associated Press.
FOXSports.com's Jay Glazer was the first to report that the two sides were nearing a deal.
The contract would make Manning one of the highest paid players in NFL history, FOXSports.com has learned.
Manning, who was drafted first overall in 2004, is entering the last year of his rookie deal. The new agreement will tack on six additional years and $97.5 million, with $35 million guaranteed, but it hasn't been signed yet.
The deal will make the 28-year-old the highest-paid player in the history of the Giants organization as well as the highest-paid quarterback (per year) in NFL history, a figure Giants fans would probably not argue with.
Manning's deal would average out to about $15.3 million over the next seven seasons, the biggest per-year long-term contract in the NFL today. Julius Peppers signed a one-year tender with the Carolina Panthers that will pay him over $16.7 million in 2009, the only player whose current deal would have a higher average base salary.
Money Manning
What will a Super Bowl MVP award and a Pro Bowl selection get you? For Eli Manning, $97.5 million. A look at the career numbers of the Giants' star QB:
Manning' s older brother, Peyton, earns an average of $14.17 million annually with the Indianapolis Colts.
Giants general manager Jerry Reese said that a new contract would not put more pressure on Manning.
"He is used to that," Reese said. "He won't get more pressure than he already has in this market. He knows how to handle pressure and he has done it before. I don't expect to see any difference in his attitude and his work ethic. He works hard. He expects a lot from himself. He knows what his role here is with us and we expect him to continue it for a long time."
"He is a franchise quarterback," Giants general manager Jerry Reese said Wednesday. "He has done everything we asked him to do. He has come in, taken a lot of flack from you guys (the media) and he just keeps going. He does what we ask him on the field and he does what we ask him to do off the field. He is a good football player."
Last season, Manning played in his first Pro Bowl after throwing 21 touchdowns passes and only 10 interceptions in leading the Giants to a 12-4 record. It was his best season in terms of passer rating (86.4), completion percentage (60.3) and fewest interceptions.
He became a legend in New York by winning the Super Bowl in the 2007 season, knocking off the then-unbeaten New England Patriots.
Manning was named Super Bowl XLII's Most Valuable Player. With the Giants trailing late in the game, Manning — not even remotely known as a scrambler — somehow eluded a fierce Patriots pash rush and completed the now-famous third-down pass to David Tyree, who made a miraculous catch, trapping the ball on top of his helmet.
Later on that drive, Manning threw a 13-yard touchdown pass to Plaxico Burress that won it for New York.
For his career, Manning has completed 56 percent of his passes and has thrown 98 touchdown passes vs. 74 interceptions.
Manning has started the last 71 games for New York, the third-longest streak among active quarterbacks at the end of last season. During that span he also has become the first Giants quarterback to throw for 3,000 yards and at least 20 touchdowns in four consecutive seasons.
(The Associated Press contributed to this report.)