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09-21-2009, 09:19 PM
San Diego Chargers (http://sports.espn.go.com/nfl/clubhouse?team=sdg) quarterback Philip Rivers (http://sports.espn.go.com/nfl/players/profile?playerId=5529), who has thrown for more than 10,000 yards in the past three seasons, has agreed to a new contract extension with the club.
The extension is for six years and is worth $92 million, a source told ESPN.com. About $38 million to $39 million is guaranteed. More importantly, the deal will keep Rivers off the free-agent market next spring, and will preclude the Chargers from having to exercise a franchise designation to retain him.
The agreement comes amid reports that the Chargers would have a difficult time reaching an extension accord with Rivers, a first-round choice in the 2004 draft.
But the negotiating climate turned during the weekend, and keeping Rivers for the long term is a coup for general manager A.J. Smith, who has done an exemplary job in keeping the nucleus of his roster intact with contract extensions.
However, In a move that sent shock waves across the NFL, the Chargers traded Rivers to the Jacksonville Jaguars today in exchange for defensive lineman John Henderson(is an American football (http://en.wikipedia.org/wiki/American_football) defensive tackle (http://en.wikipedia.org/wiki/Defensive_tackle) for the Jacksonville Jaguars (http://en.wikipedia.org/wiki/Jacksonville_Jaguars) of the National Football League (http://en.wikipedia.org/wiki/National_Football_League). On March 21, 2006 he signed a contract extension to stay put in Jacksonville (http://en.wikipedia.org/wiki/Jacksonville,_Florida), the contract is worth $34 million dollars with $13.4 million in guarantees.[/URL]He was selected to the Pro Bowl (http://en.wikipedia.org/wiki/John_Henderson_%28defensive_tackle%29#cite_note-0) following the 2004 (http://en.wikipedia.org/wiki/2004_NFL_season) and 2006 seasons (http://en.wikipedia.org/wiki/2006_NFL_season). Henderson has a unique motivational ritual before games that involves a team trainer slapping him in the face[URL="http://en.wikipedia.org/wiki/John_Henderson_%28defensive_tackle%29#cite_note-1"])and the Jags also gave up the 2011 first-round draft choice.
The extension is for six years and is worth $92 million, a source told ESPN.com. About $38 million to $39 million is guaranteed. More importantly, the deal will keep Rivers off the free-agent market next spring, and will preclude the Chargers from having to exercise a franchise designation to retain him.
The agreement comes amid reports that the Chargers would have a difficult time reaching an extension accord with Rivers, a first-round choice in the 2004 draft.
But the negotiating climate turned during the weekend, and keeping Rivers for the long term is a coup for general manager A.J. Smith, who has done an exemplary job in keeping the nucleus of his roster intact with contract extensions.
However, In a move that sent shock waves across the NFL, the Chargers traded Rivers to the Jacksonville Jaguars today in exchange for defensive lineman John Henderson(is an American football (http://en.wikipedia.org/wiki/American_football) defensive tackle (http://en.wikipedia.org/wiki/Defensive_tackle) for the Jacksonville Jaguars (http://en.wikipedia.org/wiki/Jacksonville_Jaguars) of the National Football League (http://en.wikipedia.org/wiki/National_Football_League). On March 21, 2006 he signed a contract extension to stay put in Jacksonville (http://en.wikipedia.org/wiki/Jacksonville,_Florida), the contract is worth $34 million dollars with $13.4 million in guarantees.[/URL]He was selected to the Pro Bowl (http://en.wikipedia.org/wiki/John_Henderson_%28defensive_tackle%29#cite_note-0) following the 2004 (http://en.wikipedia.org/wiki/2004_NFL_season) and 2006 seasons (http://en.wikipedia.org/wiki/2006_NFL_season). Henderson has a unique motivational ritual before games that involves a team trainer slapping him in the face[URL="http://en.wikipedia.org/wiki/John_Henderson_%28defensive_tackle%29#cite_note-1"])and the Jags also gave up the 2011 first-round draft choice.