Philip Rivers

Quarterback

  • 2019 Salary Cap Charge: $23,000,000
  • % of 2019 Team Cap: 12.04%
  • 2019 Cash Payout: $16,000,000
  • % of 2019 Team Cash Spending: 11.74%
  • 2019 Cash to Cap Ratio: 0.70
  • Total Contract Value: $83,250,000
  • Annual Contract Value: $20,812,500
  • Position Ranking: 1/25 at QB
  • Fully Guaranteed Money: $37,500,000
  • Age: 37
  • Height: 6' 5"
  • Weight: 228
  • College: North Carolina State
  • Accrued Seasons: 15
  • 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

Year Age Base Salary (Guaranteed) Bonuses Cap
Number
Cap %
Dead Money & Cap Savings
Prorated Roster Workout Other
2015 34 $15,000,000 $15,000,000 $6,166,668 $0 $0 $0 $21,166,668 14.8%
2016 35 $10,500,000 $10,500,000 $6,000,000 $0 $0 $0 $16,500,000 10.6%
2017 36 $11,000,000 $11,000,000 $7,000,000 $0 $0 $0 $18,000,000 10.8%
2018 37 $10,000,000 $5,000,000 $7,000,000 $5,000,000 $0 $0 $22,000,000 12.4%
2019 38 $11,000,000 $7,000,000 $5,000,000 $0 $0 $23,000,000 12.1%
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: $201,150,000
Career APY: $13,410,000
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

Team Contract Type Status Year Signed Yrs Total APY Guarantees Amount Earned % Earned Effective APY
Chargers Drafted Renegotiated 2004 6 $41,250,000 $6,875,000 $15,580,000 $35,600,000 86.3% $7,120,000
Chargers Extension Renegotiated 2009 6 $91,800,000 $15,300,000 $33,350,000 $82,550,000 89.9% $13,758,333
Chargers Extension Active 2015 4 $83,250,000 $20,812,500 $37,500,000 $83,000,000 99.7% $20,750,000
Earnings By Team
Team Yrs Salary APY Paid on Cap % Paid on Cap Paid as Dead Money % Paid as Dead Money
Chargers 15 $201,150,000 $13,410,000 $191,175,000 0.0% $0 0.0%

Salary Cap History    

Year Team Base Salary (Guaranteed) Bonuses Cap
Number
Cap % Cash Due
Prorated Roster Workout Other
2004 Chargers $230,000 $1,305,000 $1,275,000 $1,075,000 $0 $0 $2,580,000 3.2% $8,955,000
2005 Chargers $305,000 $4,550,000 $0 $0 $0 $4,855,000 5.7% $6,930,000
2006 Chargers $615,000 $4,550,000 $0 $0 $0 $5,165,000 5.1% $3,240,000
2007 Chargers $5,000,000 $5,525,000 $0 $0 $250,000 $10,775,000 9.9% $10,375,000
2008 Chargers $5,750,000 $1,625,000 $0 $0 $250,000 $7,625,000 6.6% $6,100,000
2009 Chargers $6,000,000 $6,000,000 $5,535,000 $0 $0 $0 $11,535,000 9.4% $25,550,000
2010 Chargers $6,600,000 $6,600,000 $5,110,000 $0 $0 $0 $11,710,000 -- $12,600,000
2011 Chargers $8,400,000 $5,110,000 $0 $0 $0 $13,510,000 11.3% $8,400,000
2012 Chargers $10,200,000 $5,110,000 $0 $0 $0 $15,310,000 12.7% $10,200,000
2013 Chargers $7,000,000 $6,776,666 $0 $0 $0 $13,776,666 11.2% $12,000,000
2014 Chargers $13,800,000 $2,866,666 $0 $0 $0 $16,666,666 12.5% $13,800,000
2015 Chargers $15,000,000 $15,000,000 $6,166,668 $0 $0 $0 $21,166,668 14.8% $37,500,000
2016 Chargers $10,500,000 $10,500,000 $6,000,000 $0 $0 $0 $16,500,000 10.6% $16,500,000
2017 Chargers $11,000,000 $11,000,000 $7,000,000 $0 $0 $0 $18,000,000 10.8% $14,000,000
2018 Chargers $10,000,000 $5,000,000 $7,000,000 $5,000,000 $0 $0 $22,000,000 12.4% $15,000,000
2019 Chargers $11,000,000 $7,000,000 $5,000,000 $0 $0 $23,000,000 12.1% $16,000,000
Total $121,400,000 $81,200,000 $11,075,000 $0 $500,000 $214,175,000   $217,150,000

Statistics

Year Games Played Snaps Passing Rushing Fumbles
Offense Special Comp/AttPctYardsTDINTSackedRating AttYardsAvgTD TotalLost
2011 16 99.0% 0.0%366/58262.9%462427203088.726361.4195
2012 16 100.0% 0.0%338/52764.1%360626154988.627401.50157
2013 16 98.9% 0.0%378/54469.5%4478321130105.528722.6032
2014 16 98.6% 0.0%379/57066.5%428631183693.8371022.8082
2015 16 98.7% 0.0%438/66266.2%479329134093.817281.6042
2016 16 99.5% 0.0%349/57860.4%438633213687.914352.5095
2017 16 96.6% 0.0%332/53861.7%412825101793.217-7-0.4071
2018 16 96.9% 0.2%347/50868.3%4308321232105.51870.4021

Financial Reports

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