Philip Rivers has agreed to a deal with the Colts on a deal that will pay him roughly $25MM per year, according to Judy Battista and Ian Rapoport of NFL.com (on Twitter). It’ll be a one-year pact for the Colts and the longtime Bolts star, Adam Schefter of ESPN.com (on Twitter) adds.
In February, the Chargers announced that they would not bring Rivers back for another season. Things had been trending in that direction for a while, despite all of the veteran’s accomplishments in San Diego and Los Angeles. He left the Chargers after setting more than 30 franchise records, making 224 consecutive starts, and earning eight Pro Bowl nominations.
Rivers, 38, isn’t coming off of his finest season, but the Colts believe that he’ll be a substantial upgrade over Jacoby Brissett. In 2019, Rivers was picked off 20 times against just 23 touchdowns. Historically, he’s been much much better in the TD/INT department. In 2018, for example, he threw for 32 TDs with 12 picks.
Even as he moves to a new part of the country, Rivers will be greeted by familiar faces. He has close ties to both Colts head coach Frank Reich and offensive coordinator Nick Sirianni, both of whom are former Chargers assistants.
At $25MM per season, Rivers currently falls right around the middle of the pack in starting QB salary. He’ll likely tumble in the rankings by the end of the week, but he’s also earned lots of money over the course of his career. Besides, Rivers isn’t planning on playing until his late 40s like Tom Brady – this offseason, he indicated that he’d like to play for a couple more years. It’s possible he stays on the field for longer, but he did not go into free agency looking for a long committment.
Along the way, teams like the Buccaneers and Redskins have also been linked to Rivers, but the loudest rumblings have been coming from Indianapolis. Now, they’ve got him as their new quarterback with hopes of restoring the offense to its former glory.
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