Philip Rivers Earns $278,889 for Four Regular-Season NFL Games
Philip Rivers, a prominent figure in the NFL, has seen his earnings continue to grow even after his retirement. During his impressive 17-year career, which spanned from 2004 to 2020, Rivers amassed a staggering total of $244,223,210. Now, he is set to add to his wealth with a new contract.
New Contract Details
Rivers has signed a prorated one-year veteran minimum contract worth $1.255 million. With four games remaining in the current NFL season, this contract will amount to $278,889. This development not only boosts his earnings but also reestablishes his access to league-provided health insurance, which had lapsed five years post-retirement.
Health Insurance Benefits
The restoration of health insurance is a significant benefit for Rivers. If he decides to retire again after the 2025 season, the five-year countdown for his coverage will reset. While the health insurance is valuable, it’s clear that Rivers’ return to the field is primarily driven by the Colts’ need for a quarterback during the season’s stretch run.
Financial Context
- Total career earnings: $244,223,210
- New prorated contract: $1.255 million
- Earnings expected from the new contract: $278,889
Considering his extensive earnings, Rivers could cover his health insurance costs independently. However, the league’s arrangement offers substantial support for veterans, showcasing the positive outcomes of negotiations between the NFL and the NFL Players Association.