Philip Rivers

Quarterback

  • 2018 Salary Cap Charge: $22,000,000
  • % of 2018 Team Cap: 12.27%
  • 2018 Cash Payout: $15,000,000
  • % of 2018 Team Cash Spending: 9.50%
  • 2018 Cash to Cap Ratio: 0.68
  • Total Contract Value: $83,250,000
  • Annual Contract Value: $20,812,500
  • Position Ranking: 1/41 at QB
  • Fully Guaranteed Money: $37,500,000
  • Age: 36
  • Height: 6' 5"
  • Weight: 228
  • College: North Carolina State
  • Accrued Seasons: 14
  • Entry: 2004 Draft, Round 1, #4 overall (Giants)
  • Year Signed: 2015
  • Contract Type: Extension
  • Free Agency: 2020 (UFA)

Contract Notes

Philip Rivers signed a four year contract extension worth $83.25 million with the San Diego Chargers on August 17, 2015. Details of the contract are from a report by Mike Florio of Pro Football Talk. Rivers received $37.5 million in full guarantees, including a $22.5 million signing bonus. The total guarantee is worth $65 million. Rivers entire salary in 2016 will become fully guaramteed on the 2nd day of the waiver period and $11 million of his 2017 salary will become guaranteed on the 2nd day of the 2017 waiver period. In each of the final two years, Rivers will receive a $5 million roster bonus if he is on the team on the 3rd day of each League Year. Rivers has a no trae clause as part of his contract. In 2016 Rivers converted $6 million of his salary into a bonus to create $4.5 million in cap space.

Per Ian Whetstone the Chargers restructured Rivers contract in 2017 by converting $3 million of salary into a signing bonus. The move cleared $2 million in cap space for the Chargers and adds $1 million in cap charges to Rivers' 2018 and 2019 contract years.

Current Contract

YearAgeBase Salary (Guaranteed)BonusesCap
Number
Cap %
Dead Money & Cap Savings
ProratedRosterWorkoutOther
201534$15,000,000 $15,000,000$6,166,668$0$0$0$21,166,66814.8%
201635$10,500,000 $10,500,000$6,000,000$0$0$0$16,500,00010.6%
201736$11,000,000 $11,000,000$7,000,000$0$0$0$18,000,00010.8%
201837$10,000,000 $5,000,000$7,000,000$5,000,000$0$0$22,000,00012.4%
201938$11,000,000$7,000,000$5,000,000$0$0$23,000,00012.1%
Total$57,500,000$33,166,668$10,000,000$0$0$100,666,668
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/473/" width="600" height="366" frameborder="0" scrolling="no"></iframe>
Career Earnings: $186,150,000
Career APY: $13,296,429
Potential Earnings: $217,150,000
Total Guarantees: $86,430,000
Largest Cash Payment: $37,500,000 (2015)
Largest Cap Hit: $23,000,000 (2019)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYAmount Earned% EarnedEffective APY
ChargersDraftedRenegotiated20046$41,250,000$6,875,000$35,600,00086.3%$7,120,000
ChargersExtensionRenegotiated20096$91,800,000$15,300,000$82,550,00089.9%$13,758,333
ChargersExtensionActive20154$83,250,000$20,812,500$68,000,00081.7%$22,666,667
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Chargers14$186,150,000$13,296,429$169,175,0000.0%$00.0%

Salary Cap History    

YearTeamBase Salary (Guaranteed)BonusesCap
Number
Cap %Cash Due
ProratedRosterWorkoutOther
2004Chargers$230,000 $1,305,000$1,275,000$1,075,000$0$0$2,580,0003.2%$8,955,000
2005Chargers$305,000$4,550,000$0$0$0$4,855,0005.7%$6,930,000
2006Chargers$615,000$4,550,000$0$0$0$5,165,0005.1%$3,240,000
2007Chargers$5,000,000$5,525,000$0$0$250,000$10,775,0009.9%$10,375,000
2008Chargers$5,750,000$1,625,000$0$0$250,000$7,625,0006.6%$6,100,000
2009Chargers$6,000,000 $6,000,000$5,535,000$0$0$0$11,535,0009.4%$25,550,000
2010Chargers$6,600,000 $6,600,000$5,110,000$0$0$0$11,710,000--$12,600,000
2011Chargers$8,400,000$5,110,000$0$0$0$13,510,00011.3%$8,400,000
2012Chargers$10,200,000$5,110,000$0$0$0$15,310,00012.7%$10,200,000
2013Chargers$7,000,000$6,776,666$0$0$0$13,776,66611.2%$12,000,000
2014Chargers$13,800,000$2,866,666$0$0$0$16,666,66612.5%$13,800,000
2015Chargers$15,000,000 $15,000,000$6,166,668$0$0$0$21,166,66814.8%$37,500,000
2016Chargers$10,500,000 $10,500,000$6,000,000$0$0$0$16,500,00010.6%$16,500,000
2017Chargers$11,000,000 $11,000,000$7,000,000$0$0$0$18,000,00010.8%$14,000,000
2018Chargers$10,000,000 $5,000,000$7,000,000$5,000,000$0$0$22,000,00012.4%$15,000,000
2019Chargers$11,000,000$7,000,000$5,000,000$0$0$23,000,00012.1%$16,000,000
Total$121,400,000$81,200,000$11,075,000$0$500,000$214,175,000 $217,150,000

Statistics

YearGames PlayedSnapsPassingRushingFumbles
OffenseSpecialComp/AttPctYardsTDINTSackedRatingAttYardsAvgTDTotalLost
20111699.0%0.0%366/58262.9%462427203088.726361.4195
201216100.0%0.0%338/52764.1%360626154988.627401.50157
20131698.9%0.0%378/54469.5%4478321130105.528722.6032
20141698.6%0.0%379/57066.5%428631183693.8371022.8082
20151698.7%0.0%438/66266.2%479329134093.817281.6042
20161699.5%0.0%349/57860.4%438633213687.914352.5095
20171696.6%0.0%332/53861.7%412825101793.217-7-0.4071
2018697.9%0.5%133/19468.6%17021537115.11000.0010

Financial Reports

Yearly Cap Charge vs. Dead Money (pre-June 1 cut)
Positional Comparisons to League Average