Phillip Rivers is entering the final year of his contract with the San Diego Chargers. According to The San Diego Union-Tribune, a date has been set as to when the team and the quarterback will end their contract negotiations.
The Chargers will host the Cowboys on Aug. 13. If the quarterback and team have not agreed to an extension by then, they aren’t expected to this year, sources said Sunday. Negotiations between the two sides are considered amicable. There is thought to be a general understanding that talks will be revisited in 2016 if no deal is completed soon.
…The sides have communicated off and on — mostly off — since the April 30 to May 2 draft. For several months, team executives and coach Mike McCoy consistently have made their desire clear, expressing hope Rivers will remain part of the franchise’s long-term future and one day retire as a Charger.
Rivers is due a $15.8 million base salary in 2015. If no extension is signed by the end of his contract in March, the Chargers can designate a one-year franchise tag on the 33-year-old.