
Eli Manning is about to become the highest-paid player in the NFL.
The Giants quarterback and former Super Bowl MVP has agreed to a new seven-year, $106.9 million contract that he is expected to sign later Wednesday, according to a source familiar with the negotiations. Though it’s not the largest deal in NFL history, the average of $15.27 million per year is a new NFL high.
That deal has been in the works since last year, as the Daily News first reported in January. Though it didn’t quite hit the $120 million mark that NFL sources expected, it still makes Manning the eighth member of the $100 million Quarterback Club.
The deal is actually a six-year, $97.5 million extension which will keep him with the Giants through the 2015 season. It tops the $100 million barrier when you add in the $9.4 million he was due this season, which will apparently be included in the new deal.