On Saturday night, the National Football Post reported that the Giants and Eli Manning were very close to finalizing a contract extension. The report indicated that Manning would wind up as one of the league’s highest paid players and that there would be a formal announcement sometime next week. That report’s being shot down by Mike Garofalo of the Newark Star-Ledger and Ralph Vacchiano of the Daily News, however. Both agree that there will be serious discussion of a new deal for Manning in the near future, but nothing is imminent. Garofalo says that Manning’s agent, Tom Condon, is headed to the Pro Bowl for the week which diminishes the likelihood of anything coming together quickly. Earlier this month, Vacchiano reported that Manning could be in line for an eight-year deal worth $110-120 million. Chargers quarterback Philip Rivers, traded for Manning on draft day in 2004, is also in line to get an extension this offseason. Ben Roethlisberger, the third quarterback taken in 2004’s first round, signed an eight-year, $102 million contract with the Steelers before the 2008 season.
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