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NY Giants quarterback Eli Manning agrees $97m dollar deal

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Richmark Sentinel Donating Member (26 posts) Send PM | Profile | Ignore Thu Aug-06-09 01:25 AM
Original message
NY Giants quarterback Eli Manning agrees $97m dollar deal
Source: Associated Press wire

ALBANY, New York August 6 Sapa-AP

By TOM CANAVAN

New York Giants quarterback Eli Manning has agreed to a
six-year, $97 million contract extension, making him the NFL's
highest-paid player.

A person close to the talks, speaking on condition of anonymity
because the deal had not been signed or announced, said Manning
will be paid about $15.3 million in annual salary to the end of the
2015 season.

The deal means he will now be paid more than his older brother
and Indianapolis Colts quarterback Peyton Manning, who receives an
average $14.2 million annually, and Oakland Raiders cornerback
Nnamdi Asomugha, who will get $15.1 million per year under his new
three-year contract.

Carolina defensive end Julius Peppers will make $16.7 million in
the coming season - but it's only a one-year deal.


Read more: http://www.richmarksentinel.com/rs_headlines.asp?recid=639&pcurr=1
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Lorax7844 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 01:33 AM
Response to Original message
1. Ole Miss Represent!!
I talked to Eli once briefly when he lived above the Square in Oxford. Shook his hand and told him good game, he smiled and said thanks. He was polite and a gentleman. It's a nice feather in our cap, people around here could not be more proud of him.
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d_b Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 01:44 AM
Response to Original message
2. hot damn
war giants!
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sofa king Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 01:56 AM
Response to Original message
3. Wow, that sure is a lot of money.
I hope he buys vitamins for the entire nation of Ghana, or something. But my guess is he'll buy a big-ass truck first.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 02:00 AM
Response to Original message
4. Nothing anybody does is worth that much! Few of us can afford to even go to a game
becaise pf this insanity! Why are the owners even agreeing to stupid salaries like that?
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elocs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 02:05 AM
Response to Reply #4
5. As with any of us, as long as he didn't put a gun to anyone's head,
Manning is "worth" whatever he can get. None of us would like it if other DUers decided what we were worth. Sure it's a lot of money, but if he gets it, he deserves it.
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provis99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 03:46 PM
Response to Reply #5
25. nonsense. The NFL has limited entry.
It deliberately restricts competition and the number of teams, hence the number of players, thus ARTIFICIALLY boosting revenues and salaries. If there were an open market functioning instead of the monopolistic NFL, top players would rarely earn more than %50,000 per year.
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elocs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 06:50 PM
Response to Reply #25
27. It's not nonsense. People are entitled to make as much as they are able to get.
That goes for us, that goes for Manning. Nobody is forcing the Giants to pay him that much.
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tkmorris Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 02:10 AM
Response to Reply #4
7. I agree with you, but
As long as people keep buying the tickets and filling the stadiums, the players are going to demand (and get) a piece of that pie. I fully expect attendance to be down this season though, and soon certain clubs will start feeling the pinch and unloading players they can no longer afford.
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:22 AM
Response to Reply #7
24. well don't forget
attendance revenues is just gravy...the REAL money the franchises make comes from the TV contracts, advertisers, marketing deals, and merchandising...a decade ago there was some number-crunching team exec who said the team doesn't have to sell a single ticket to turn a profit -- i don't know how true that is now, but still..
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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 05:21 AM
Response to Reply #4
16. You could save them a lot of money by offering to do what Manning does for 1/2 the money
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Bill McBlueState Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 06:56 AM
Response to Reply #4
19. "Why are the owners even agreeing to stupid salaries like that?"
A lot of the owners are kind of stupid. Easy to forget as a Steelers fan. :thumbsup:
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flvegan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 02:06 AM
Response to Original message
6. Good for him!
I'm sorry if it ruins my Dem "cred" to applaud some idiot getting paid for what he does, seriously. But shit, if someone showed up at my door and said, "hey, flvegan how would you like to make a tenth of a fucking billion dollars over the next several years, would you be down for that?" I'd be very much down for that.
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proteus_lives Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 02:35 AM
Response to Reply #6
8. +1
:thumbsup:
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coyotespaw Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 04:32 AM
Response to Reply #6
13. No loss of Dem "cred"...
He's a union employee who is able to force his employer to give him a fair share of the money that said employer will make largely off of his effort. If my boss was making as much as the NY Giants were making, and I was the reason that asses were in seats; then I'd make sure that I was duly compensated for my share of the work.
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Mudoria Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 03:49 AM
Response to Original message
9. That's a lot of money for an average QB with a lifetime 56% completion pct..
Edited on Thu Aug-06-09 04:01 AM by Mudoria
What has he done that Trent Dilfer hasn't? Other than possess a famous last name?
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 04:53 AM
Response to Reply #9
14. It *is* a Lot of Money,
but it's the going price for franchise QBs these days. There's a salary cap, and teams have found it is best to use a disproportionate part of that on the QB position.

As far as what Manning has done to deserve that:

In his 64 career starts, including the playoffs, Manning has rallied the Giants out of a fourth-quarter hole to either take the lead or tie the game an amazing 16 times.

Here is some more detail from a fan site:

http://corner.bigblueinteractive.com/index.php?mode=2&thread=342595
http://corner.bigblueinteractive.com/index.php?mode=2&thread=343451
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SkyDaddy7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 05:46 AM
Response to Reply #9
17. MVP of a the greatest Superbowl ever?
And possess a famous last name.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:31 AM
Response to Reply #9
23. And a ring
Which is more than can be said for Marino and many others.
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Thu Aug-06-09 03:53 AM
Response to Original message
10. Taxes?
I'm sure he's got a team of accountants looking for ways to hide the loot. Tax at source because he's definately in the top 5% of wage earners.
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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 04:06 AM
Response to Original message
11. Don't forget to tack on another $5 million or so per year in endorsement deals.
He'll be making about $25,000 per snap from center for the next six years.
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Confusious Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 04:26 AM
Response to Original message
12. I've never been to a pro football game

and probably never will be, because someone is paying $97 million, and that's the public. In taxes, low wages and ticket prices ($200? min).

and ticket prices that high, its not Sunday afternoon entertainment, its 3 months of entertainment for me.
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 05:02 AM
Response to Original message
15. What are the billionaire owners and the millionaire players gonna do
When the hundredaire fans can no longer afford to pay for all this shit?

Or when the city dads grow some cojones and refuse to keep building stadiums at public expense to house the whole thing?

Maybe the whole profit/salary/ticket price will return to something approaching equity.

Or we could just revert to the Roman empire model - Eli Manning vs. a lion in the Meadowlands - if Eli wins he gets the $97 million, if the lion wins he gets a nice meal.
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 05:50 AM
Response to Reply #15
18. OT: Nice icons. (Kitties are so cute.) nt
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michreject Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 08:18 AM
Response to Reply #15
20. Lions are 0-16
Haven't you heard?
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:12 AM
Response to Reply #15
21. As a Bostonian, I endorse your idea NT
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:21 AM
Response to Original message
22. overpaid....
and believe me, as a Mets fan, I KNOW overpaid when I see it!
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 05:00 PM
Response to Original message
26. You're kidding! I hadn't heard that!
:evilgrin:
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madinmaryland Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 06:55 PM
Response to Reply #26
28. Ya know, this just got dumped in here from GD.
You're slowing down Joey-boy!
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