Football QB E. Manning Gets Extension

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Bench Warmer
QB E. Manning Gets Extension
Arthur Staple & Bob Glauber, New York Newsday

The New York Giants exercised a "buy-back" of QB Eli Manning's contract earlier this month, a move that keeps him under contract through the 2012 season. Manning signed a six-year, $54-million deal in July 2004, but the deal would have voided after four seasons because Manning achieved playing-time incentives in his first season. According to league sources, the Giants gave him a $5-million buy-back bonus as well as a $3-million roster bonus. His base salary for the 2007 season will be $6.45 million. It increases to $8.45 million in 2008 and $8.95 million in 2009.

Wow talk about a Franchise player I guess he wont be going anywhere soon!! Maybe they are banking on him being like Peyton (I wouldnt go that far)
 
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