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New York Giants Have Yet to Discuss Contract Extension with Eli Manning

January 10th, 2014 at 3:35 PM
By Doug Rush

With the New York Giants roster facing a great deal of uncertainty heading into the 2014 season, the team has to figure out what to do with Eli Manning in the upcoming future, especially regarding his current contract.

Of the seven-year, $106.9 million deal that he signed back in August of 2009, the 33-year-old quarterback still has two years remaining on that current contract and will be owed $15.5 million next season, but will have a cap number that counts for $20.4 million, which is a big chunk of the team's salary cap and they have so many voids to fill next season, thus why the idea of an extension has come up for Manning this spring.

By restructuring Manning's deal and giving him an extension, the Giants could lower that $20.4 million cap number but give Manning another three or four years on his deal that put him under contract until he's 37 or 38 years old. However at the current time, Giants general manager Jerry Reese told Mike Francesa of WFAN on Thursday that they have yet to discuss an extension with their starting quarterback.

"That's yet to be said … We don't know what we'll do with respect to that."

While Reese has yet to discuss an extension with Manning, it makes way too much sense not to do considering how much of his current deal takes up of the current salary cap and while the Giants have had no issues with Manning taking up that much room because of what he's meant to the team and to the organization given he's won two Super Bowls in his tenure, the Giants still need to put a team around Manning in order for him to succeed and win.

Manning isn't the only player in the same situation as starting safety Antrel Rolle is also a candidate for a contract extension with the Giants to lower his cap number for 2014 and clear up some cap room for this coming offseason.

Photo credit: jacorbett70 / Foter.com / CC BY-NC-ND

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Tags: Eli Manning, Football, Jerry Reese, New York, New York Giants, NFL

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17 Responses to “New York Giants Have Yet to Discuss Contract Extension with Eli Manning”

  1.  Kettles78 says:

    I am sure Eli will extend if it is presented to him. Question is for how much?

  2.  GIANTT says:

    If I were Eli at this point ,I would sit down with management and say
    ” Sure I will renegotiate , how much do you want me to give back ?
    Then “Of course any money I give back goes to paying Oline upgrades “

  3.  GIANTT says:

    Of course , if you need a hand picking a new OC , I will certainly give you my experience and money to help pay for someone I can work with ”

    If RG111 can boast how much he has Dans ear then I dont see why Eli cant have a HUGE influence on the teams offseason changes

  4.  fanfor55years says:

    There’s no reason yet to talk to Eli, and Rolle. They don’t know how much they’ll need back to do what they need to do. I think plenty of that will depend upon who is available in free agency and for how much. You don’t do extensions (that cost you money) with your most valued players until you have a good idea what you HAVE to save and why.

    Both of these guys will cooperate. Why wouldn’t they? It will mean more years of salary for them and some bigger guarantees. And they both desperately want the team to improve so they can compete for a few more rings.

    This will all happen in good time.

    •  Krow says:

      The players may not be rocket scientists, but they’re pretty damned football savvy. If Mara wants to sell them on the whole hope-and-change thing then he has to do more than throw a little lipstick on that 2013 pig.

  5.  JimStoll says:

    can’t talk contract extension yet
    the real question is whether Eli gets released after 2015
    we all think the last 2 years are the offensive line and they may be
    but whether they are or not Eli is playing closer to a 6M QB than a 16M QB
    you can’t extend him at his stratospheric rate if this is the performance he is going to give you
    you are better off releasing him and put the dollars into a rookie QB who can run for his life

    •  kujo says:

      There he is!

    •  Kettles78 says:

      I don’t think they will be releasing Eli. This year next year or anytime before he is 37 or so. They realize if you protect him you get a qb who will throw for over 4000 yards and comes up big in big spots. I doubt they want to draft a qb for at least 2 more years after all isn’t that what nassib is there for?

  6.  jerseyrich says:

    Even assuming Eli’s disgusting year was all on the o-line (I think most of it was), the guy is still only looking at about 4 more years of solid play. They need to be careful on giving him some long extension; the same goes for Rolle. What they need to do first is void myers and cut snee…their 2014 cap then goes from 115.3 mill with 52 players signed to 104.8 mill with 50 players signed. Like 55 said above, the restructuring of eli and/or rolle is not the primary concern right now. Getting rid of DEAD wood is the first order of business.

    •  Krow says:

      + 1 … this is how we’ll know if they’re serious or just feeding us bulls1it. These are tough decisions to make. But if they don’t then it’s another year of whining about the cap.

  7.  kujo says:

    Sparano to return to Oakland.

    Dunno which one of you mentioned his name as a possible replacement for KG, but there’s that.

    •  skinnydoogan says:

      Hopefully they weren’t serious about him.

      •  kujo says:

        I assure you that they weren’t.

        •  Dirt says:

          I didn’t bring up Sparano, but I did say that we’ve seen him have to coach blindfolded with both arms tied behind his back, with such “talent” as Pennington, Moore, Sanchez, etc. We’ve never seen him have an NFL quarterback. But we have seen him once show creativity and figure out how to make the most of what he had with the Wildcat. So, no one knows how he would perform here. Could be terrible. Could be great.

          •  danny4danger says:

            Not sure why we WOULDN’T have considered Sparano as an OC. Maybe we have been spoiled as fans… if we don’t consider a former HEAD COACH, who’s had success with an unorthodox scheme, and a lack of talent, as an ASSISTANT COACH for an offense that has underperformed this badly…

            He wasn’t my top choice, but to ignore credentials at a time when we are considering Mike Sullivan as the frontrunner… would be a mistake.

  8.  stuh says:

    On another topic Michael Strahan is again one of the 15 finalists for the HOF. If he doesn’t make it this year it will be a great injustice. He was one of the great defensive linemen ever. I believe the best the Giants had.

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