San Diego Chargers have signed Philip Rivers to a new contract.
The quarterback has signed a new four-year contract extension worth $84 million with $65 million guaranteed. It will keep him at the team through till the end of the 2019 season, which will delight many Chargers fans.
Rivers new contract is the highest amongst guaranteed money in the league, which shows how much faith the franchise has in the player going into the next four years. It’s funny to think that before the draft is year, the Chargers were rumoured to be actively looking to trade the 33-year old.
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The new deal is completed as the Chargers are looking for a possible move away from San Diego to Los Angeles. If the move is completed, which is highly likely, the Chargers will teamed up with the Oakland Raiders on a $1.7 billion stadium plan in Carson, LA, if they are unable get new stadiums in their current areas.
Since becoming a starter, Rivers has lead the Chargers to one of the most successful parts of their history. He has lead the team to five postseason appearances, four division titles and a trip to the AFC Championship Game in 2007.
He is also the franchise leader in wins with 88, and his 252 touchdown passes are only three shy of breaking Dan Fouts' for the most in franchise history.
He was drafted in the 2004 draft alongside the likes of Ben Roethlisberger and Eli Manning. The only difference between these three is Super Bowls, as Rivers has none whilst the others have two each. The Chargers will be hoping this changes before the end of Rivers contract in 2019.