Giants, Eli Manning said to be close on $120M contract extension
 

Giant payday coming to Eli Manning after laying Eagle egg

The Super Bowl championship the Giants won last year was priceless. The man who led them to it is not.

The Giants will have to pay a hefty price to keep last year's Super Bowl MVP. Eli Manning's contract is due to expire after next season, and sometime in the next year - probably the next few months - the Giants will take the first steps toward making him the next member of the $100 million quarterback club.

Manning might even end up being the highest-paid member, as several NFL sources said his next deal could be worth a league-high $15 million per season. That would be an average of $1 million more than his brother Peyton is making on the seven-year, $98 million deal he signed with the Indianapolis Colts in 2004.

Based on interviews with several agents and personnel people, Eli Manning appears to be in line for a seven- or eight-year contract worth $110 million-$120 million with $40 million in guarantees.

That would make the 28-year-old the eighth quarterback to top the $100 million barrier, and would put him near the top with Philadelphia's Donovan McNabb (12 years, $115million), Cincinnati's Carson Palmer (nine years, $118.75 million), and former Atlanta quarterback Michael Vick (10 years, $130 million).

"We know," said one team source. "But that's money we're going to be happy to pay."

[edit] ..............more at link above.

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

not worth it. after that performance, the giants are dumb enough to give this kid, who to me is essentially a backup quarterback, a 120 million extension? they should have kept rivers.

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

Thats shocking for Eli.

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

That really is a strange business decision. I know this is a quarterback league, but you pay for value and production. Without Burress streaking the sidelines, Eli doesn't show a whole heap.

On the plus side, that big money should make it easier for the Giants to lose some of their free agent playmakers.

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

The the Colts and Giants now each paid about $100M for one Super Bowl ring. Nice.

Have I mentioned how glad I am we have Brady?

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

I don't see what the hell the Giants could see in him to give him that much, especially with Plaxico now outta it. I think this move could really screw them, more of the reason for me to cheer this deal on:D

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

And they would have kept the draft picks that became Merriman and Kaeding.....

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

they say that now...lol, i doubt its the same in 2 seasons

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

In two years, there likely won't be a hard salary cap for them to worry about. Then again, it'll still be money wasted. :)

Re: OT: Giants, Eli Manning said to be close on $120M contract extension
 

What is it with teams giving players who don't perform giant contracts? Romo got a huge deal after blowing 2 post season appearances, and after Eli shows he can't win without Plaxico, they give him a huge contract... I'll never understand it...

Granted, Eli has a SB MVP (that belonged to his defense), but I highly doubt the Giants will ever win another with Eli as the QB... and isn't that the real reason you pay a QB the big bucks?