Philip Rivers, Chargers Agree On $83 Million Contract Extension
Quarterback Philip Rivers will remain in San Diego, after agreeing to terms a four-year extension with the Chargers that runs through 2019, the team announced via Twitter.
According to ESPN.com, the deal is worth $83.25 million with $65 million guaranteed, giving the 33-year-old QB the most guaranteed money of any player under a current contract.
Rivers was in the final year of his previous contract and scheduled to make $15.75 million for the 2015 season.
ESPN says that had both side failed to reach a deal before the season started, he would play out the remainder of his deal and potentially hit free agency.
Rivers joined the Chargers in 2004, as part of a draft-day trade involving Eli Manning. Since taking over for Drew Brees in 2006, he's started every game for the team -- 144 consecutive games, the second-longest active streak among quaterbacks behind Manning (167).
He's also led the team to five postseason appearances, four division titles and a trip to the AFC Championship Game in 2007. And, is the franchise leader in wins with 88, and his 252 touchdown passes are two shy of tying Dan Fouts' mark for the most in team history.