August 01, 2015 - Matt Pearce
Quarterback Contract Extensions: Who Signs Next?
No position in football is more important than quarterback and this is reflected in their contracts. Nineteen quarterbacks average more than $10 million per season in salary, according to Over The Cap. The latest quarterback to sign a mega-extension was Russell Wilson, who inked a contract worth $21.9 million per year in new money just before the start of training camp. It is only a matter of time before the next extension is signed. So, who are the next quarterbacks to have the Brink's truck parked outside their house? Eli Manning, New York Giants A veteran of 11 seasons in New York, Manning is entering the last year of his contract. The two sides have been talking about a new deal and had hoped to have an agreement in place before the start of training camp. Obviously, this didn't occur. It wouldn't be surprising if the 34-year old was waiting to see what happened with Wilson. Now Wilson's situation is resolved, Manning has a new number to base his negotiations off. A two-time Super Bowl champion, he had one of his best seasons in his first year in offensive coordinator Ben McAdoo's system. The Giants are trying to find their way back to the postseason and there is no way they can do it without Manning. Expect a deal to get done soon. Philip Rivers, San Diego Chargers Around the draft, rumors swirled that the Chargers might trade Rivers. San Diego decided to keep their starting quarterback of the past nine seasons and now they want to sign him to a new contract, allowing the 33-year old to finish his career in San Diego. Rivers has made it known that he doesn't want to play in Los Angeles, where the Chargers could potentially relocate to and most talk of him not signing a new contract is based off this thought. Jason Cole of Bleacher Report recently reported that Rivers hopes to have a deal in place in a few weeks. This is good news for the Chargers. A contract for Rivers would probably fall slightly short of the deal Manning will eventually receive. Nick Foles, St. Louis Rams Acquired early in the offseason in a trade with Philadelphia, the Rams are hoping Foles can be the quarterback to lead the team to the postseason for the first time since 2004. In 2013, the 26-year old put up astonishing numbers, throwing for 27 touchdowns with just two interceptions. He quickly fell back to Earth in 2014, with his completion percentage falling below 60 while throwing 13 touchdowns and 10 interceptions in eight starts. Given his inconsistent history and no professional tape outside of Chip Kelly's quarterback-friendly system, the best bet for St. Louis would be to take the wait-and-see approach. By no means would Foles break the bank, but he still will command more than $10 million per season. Sam Bradford, Philadelphia Eagles Easily the biggest unknown on this list, Bradford hasn't played in a regular season game since Oct. 20, 2013. Two ACL injuries have derailed the career of the former number one overall selection. An essential part of Chip Kelly's wild offseason, Bradford will put up quality numbers for the Eagles if he can stay healthy––and that is a big if. Due to the uncertainty about his health, Bradford is expected to play out the season on the last year of his rookie contract. This will allow him to maximize his value. Right now, there is no way Philadelphia would sign him to a contract worth a significant amount of money. If he stays healthy, then he will be able to cash in at the end of the season when he will still be 28 years old. Andrew Luck, Indianapolis Colts Of the five quarterbacks here, Luck is the only one whose contract doesn't expire after the 2015 season. Indianapolis exercised the fifth-year option on his rookie contract in April, putting the 25-year old under contract for $16.155 million in 2016. With two years left on his contract, neither side is going to be in a hurry to put together a new deal. The most likely scenario is he plays out the 2015 season and then signs an extension during the offseason. Luck isn't likely to sign anytime soon, but when he does, he is sure to become the highest-paid player in the NFL. Matt Pearce is a graduate of National Football Post’s Introduction to Scouting and Scouting Boot Camp and is a journalism student at the University of Nebraska. Follow him on Twitter@Matt_Pearce13