Eli Manning has agreed to terms on a new seven-year, $106.9 million contract and is expected to sign later in the day.
Eli becomes the eighth player to reach $100 million. The $106.9 million falls short of the NFL record, but his $15.27 million per year is the highest annual salary. While it's certainly debatable if Eli is worth the mega-deal, the Giants had little choice but to pay the going rate for franchise QBs. Eli was reportedly asking for $20 million per year, so the Giants did well to hold their ground.
Source: New York Daily News