Eli Manning to sign record $97 million deal
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ALBANY, N.Y. - Eli Manning has agreed to a new six-year, $97 million contract extension with the New York Giants that will make him the highest paid player in the NFL with an average salary of roughly $15.3 million.
A person close to the talks who asked not to be identified says Manning is guaranteed $35 million under the deal that will keep him with the Giants through the 2015 season. The person spoke on condition of anonymity because the deal was not signed and had not been announced.
There is a chance the deal could be signed Wednesday, but both sides wanted to review the contract, the person said.
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Tom Condon, Manning’s agent, was not immediately available for comment. Giants general manager Jerry Reese was hopeful that Manning’s contract would be completed, adding it’s always important to get the quarterback signed.
“He is a franchise quarterback,” Reese said. “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.”
Manning declined to talk to the media at lunch.
This deal will give Manning an average salary that is roughly $200,000 higher than the one earned by All-Pro cornerback Nnamdi Asomugha of the Oakland Raiders, who agreed to a three-year, $45.3 million contract this year.
Manning’s older brother, Peyton, earns an average of $14.17 million annually with the Indianapolis Colts.
Eli Manning led the Giants to a Super Bowl upset of the New England Patriots in February 2008 and was named the MVP of the game. He was in the final year of the contract he signed as the No. 1 overall pick in 2004 and will make $9.4 million under that deal this season.
The two sides have been discussing a contract for months, but they worked out the final details in recent days.
While Manning’s contract was to expire at the end of this season, there was little chance the Giants would lose him to free agency. They could have named him a franchise player and Manning has long said he wants to remain with the Giants.
Reese said that a new contract would not put more pressure on Manning.
ALBANY, N.Y. - Eli Manning has agreed to a new six-year, $97 million contract extension with the New York Giants that will make him the highest paid player in the NFL with an average salary of roughly $15.3 million.
A person close to the talks who asked not to be identified says Manning is guaranteed $35 million under the deal that will keep him with the Giants through the 2015 season. The person spoke on condition of anonymity because the deal was not signed and had not been announced.
There is a chance the deal could be signed Wednesday, but both sides wanted to review the contract, the person said.
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Tom Condon, Manning’s agent, was not immediately available for comment. Giants general manager Jerry Reese was hopeful that Manning’s contract would be completed, adding it’s always important to get the quarterback signed.
“He is a franchise quarterback,” Reese said. “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.”
Manning declined to talk to the media at lunch.
This deal will give Manning an average salary that is roughly $200,000 higher than the one earned by All-Pro cornerback Nnamdi Asomugha of the Oakland Raiders, who agreed to a three-year, $45.3 million contract this year.
Manning’s older brother, Peyton, earns an average of $14.17 million annually with the Indianapolis Colts.
Eli Manning led the Giants to a Super Bowl upset of the New England Patriots in February 2008 and was named the MVP of the game. He was in the final year of the contract he signed as the No. 1 overall pick in 2004 and will make $9.4 million under that deal this season.
The two sides have been discussing a contract for months, but they worked out the final details in recent days.
While Manning’s contract was to expire at the end of this season, there was little chance the Giants would lose him to free agency. They could have named him a franchise player and Manning has long said he wants to remain with the Giants.
Reese said that a new contract would not put more pressure on Manning.
