Chargers & Philip Rivers Agree To 4-Year Extension
SAN DIEGO (AP) — Philip Rivers and the San Diego Chargers have agreed to a four-year contract extension.
The question is, will he finish his career in San Diego or Los Angeles?
The Chargers announced the extension Saturday night. Financial details weren't immediately available. It was believed that Rivers will average at least $20 million annually in the new deal.
Rivers is entering the final year of a six-year extension he signed in August 2009 worth $93 million.
The extension comes as team chairman Dean Spanos has angered many Chargers fans by exploring a move to the Los Angeles area. The Chargers walked away from negotiations for a new stadium in San Diego in mid-June. Mayor Kevin Faulconer has said that if the sides haven't agreed to a term sheet by Sept. 11, there won't be a special election in January.
The Chargers have partnered with their archrivals, the Oakland Raiders, on plans for a $1.7 billion stadium in Carson if they can't get new stadiums in their home markets. On Tuesday, Carmen Policy, who is spearheading Carson stadium efforts, told NFL owners that "the Chargers and Raiders are committed to Los Angeles."
Rivers has said he'd be OK playing out the deal, but also said he'd be open to an extension, as long as talks didn't drag out into the season.
Rivers has been San Diego's starting quarterback since 2006. He played through back and chest injuries in 2014, including being sacked seven times in a season-ending loss at Kansas City that cost the Chargers a playoff berth.
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