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Philip Rivers agrees to contract extension

Keep your Philip Rivers jersey. You're gonna need it.

After a lot of speculation in the offseason that it wouldn't happen, it did.

Saturday night, the Chargers announced they have agreed to terms on a four-year contract extension with quarterback Philip Rivers, that will keep him a Charger through 2019.

The numbers in the deal have been reported at  $85 million over the next four years, with $65 million of that guaranteed. It's a contract that's right up there with quarterbacks around the league who are considered "elite" or who have won a championship.

Rivers, 33, was in the final year of his deal. He had intimated over the offseason that he wasn't sure he wanted to remain with the organization if it moved to Los Angeles, admitting he'd be alright with playing out his existing contract and entering free agency instead. It's not clear if either he knows the Chargers aren't moving, or he's changed his stance on the matter.

Either way, it's good news for Chargers fans who have been hit with mostly bad news in the past months and "doom and gloom" scenarios that their team might soon be gone from San Diego.

Rivers was drafted by the Chargers in 2004 and made starting QB in 2006.

He's started every game since --144 consecutive games --  and has led the Chargers to the playoffs five times.

The five time Pro-Bowler is considered one of the most accurate passers in the league. He has thrown for more than 4,000 yards in six of his nine seasons as a starter and in 2014, threw for 4,286 yards and 31 touchdowns.

The one thing Rivers is missing is a Super Bowl ring. We'll see if he gets it before that 2019 season ends.


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