Aug 15, 2013; Chicago, IL, USA; San Diego Chargers quarterback Philip Rivers (17) looks to pass against the Chicago Bears during the first quarter at Soldier Field. Mandatory Credit: David Banks-USA TODAY Sports

Chargers Restructure Philip Rivers’ Contract

There is word going around that San Diego Chargers QB Philip Rivers has restructured his contract for this season in order to open up some cap relief for this season. They cut his $12M base salary to $7M with a $5M signing bonus. This is the only source that has put that information to the public so far though:

The Chargers could be making room on the salary cap in order to sign Donald Butler to a long-term deal. The two sides have been working on a contract during the offseason. There have been a couple of middle linebackers, Brian Cushing and Sean Lee, that have been locked up this offseason. This could be the Chargers time to strike a deal with their middle backer.

Tags: San Diego Chargers

  • 619chargers4life

    If this is true , it shows that Rivers is staying classy in San Diego . Good Stuff

  • arnie

    Sounds like a next on the list of things to do for out GM. First, get the best 53 players before game one. Second look to making player contracts, “smarter” for the organization. Third give money to players that actually earned an deserve it.