The New York Giants have made a huge financial commitment to quarterback Eli Manning by offering him a six year, $97.5 million contract extension. Manning will earn just over $15 million a year, and $35 million of the contract is guaranteed. Should Manning play through the end of his contract hell be a Giant until 2015, meaning there’s a decent chance hell play his entire career with the team.
Manning will earn roughly $200,000 per season more than Oakland Raiders cornerback Nnamdi Asomugha who agreed to a 3 year, $45 million contract earlier this summer. Though the full term of his deal makes him the leagues highest paid player hell earn less this year than the Carolina Panthers Julius Peppers and the Cincinnati Bengals QB Carson Palmer, each of whom will pull down slightly more than $16 million.
While Manning has been tight lipped in the media about the deal, Giants GM Jerry Reese spoke in glowing terms of his teams $97.5 million investment:
“He is a franchise quarterback. He has done everything we asked him to do. He has come in, taken a lot of flak from you guys in 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.”