According to a report by FOXSports.com, the Giants are close to signing Eli Manning to a six-year, $97.5 million contract extension.
The deal will make the 28-year-old the highest-paid player in the history of the Giants organization as well as the highest paid quarterback in NFL history, a figure Giants fans would probably not argue with.
I’ve always found it kind of humorous how NFL contacts work. Eli clearly isn’t the best quarterback in the league, yet he’ll be the highest paid signal caller in NFL history. It doesn’t make sense, yet that’s just how things have always worked in the NFL.
From the Giants perspective, they have to get a deal like this done. Eli is a franchise quarterback who has already won a Super Bowl, so he’s going to get paid. And at only 28, he still has plenty of years ahead of him.
The Giants are wise to get this done now.
Update: The Giants locked Eli up with a new seven-year, $106.9 million contract according to the New York Daily News. He’s now the eighth NFL player to reach $100 million.