New York Giants QB Eli Manning Worth 120 Million Dollars? I Don't Think So

Ryan MichaelSenior Writer IIIJanuary 14, 2009

News broke today that the New York Giants are prepared to offer Eli Manning a 120 million dollar contract extension within the next few months. Such a deal would make Eli Manning the highest paid player in NFL history.

No word as to exactly how long the contract would be, but you could expect the length to be between seven to ten years as I'm fairly certain the Giants would be looking to lock up the younger Manning brother for the greater end of his career.

Despite a poor performance against Philadelphia in the divisional round of the playoffs this season, Manning's steady improvement seems to have caught the eye of the Giants organization, so much so that it now appears that they are willing to do anything they can to keep him.


I remember between 2004 and 2007, having to listen to angry Giants fans screaming to cut Eli Manning.

You see back then, Manning was a far cry from the New York hero he has since become.

In his first four seasons, he never posted a quarterback rating above 77.0, never threw for over 4,000 yards in a single season, and never even had a completion percentage over 58.0 percent.

Then the rest is history.

Despite leading the entire league in interceptions in 2007 with 20 of them, he led the Giants to a historic post season run that culminated with a victory over the then undefeated New England Patriots in Super Bowl XLII. I guess winning the Super Bowl erases any number of prior mistakes.

This year Eli improved.

He made the Pro Bowl, elevated his completion percentage to above 60.0 percent, threw for over 3,000 yards and posted a quarterback rating of 86.4.

That's better, but $120 million better?

If the Giants do in-fact decide to pay Eli Manning anywhere near the sum that the New York Daily News is reporting, they would have to be out of their mind.

They are willing to pay him more money than the Colts are currently paying Peyton Manning. Wrap your mind around that for just a second.

This season (his best year by far) would have been statistically one of Peyton Manning's worst. As a matter of fact, never (not even as a rookie) has Peyton Manning ever threw so few yards and touchdowns.

The only reason I make this comparison is because it's relevant when discussing just how much money Eli would be making.

I'm not an Eli Manning hater.

As a matter of fact, he's one of my favorite players. I've always defended Eli as I felt he got a bad reputation in his early years. No his numbers were never on par with his older brother's, but he was a far cry from a horrible quarterback.

Eli's a good football player but his he $120 million good?

I don't think so.