Philip Rivers Restructures Contract With Chargers

By MH
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Updated: September 10, 2016

According to Field Yates of ESPN.com San Diego Chargers quartback Philip Rivers have restructed his deal with the club.

Source: Chargers QB Philip Rivers had $6M of his 2016 base salary converted into a roster bonus, creating $4.5M in cap space for the team.

— Field Yates (@FieldYates) September 9, 2016

Micheal Gehlken of the San Diego Union Tribune also reported the news.

Philip Rivers signed a restructured contract Wed. $6M of $16.5M salary this season moved to bonus. Creates $4.5M in cap space for Chargers.

— Michael Gehlken (@sdutGehlken) September 9, 2016

Rivers who has spent his entire career with the Bolts is coming off one of his best seasons as a pro. He threw for 4,792 yard last season to go along with 29 touchdowns.

Although Rivers had a strong year throwing the ball it did not result in the wins on the field the club would have liked. San Diego will look to get off on the right track tomorrow afternoon when they take on the Kansas City Chiefs at Arrowhead stadium.

As more information surfaces on the Chargers and their offseason news we will keep you up to date.

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