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Philip Rivers, Chargers Agree to New Contract: Latest Details and Reaction
- Updated: September 9, 2016
The San Diego Chargers and starting quarterback Philip Rivers reportedly agreed to a restructured contract that gives the organization $4.5 million in additional space under the salary cap.
Field Yates of ESPN reported Friday the sides turned $6 million in base salary into a roster bonus to create the extra flexibility. ESPN.com’s Eric Williams noted the reworked contract will give the Chargers around $10.8 million in cap space.
More to follow.
