Philip Rivers Tied To Vet-Minimum Salary

Once signed from the Cleveland’s P-squad, Flacco was attached to a one-year, $2.2MM deal. Philip Rivers is on no special arrangement as an emergency starting quarterback. The unretired passer is tied to the veteran minimum for what is expected to be a short second stint with the Colts, Pro Football Talk’s Mike Florio notes.

The vet minimum for players with more than seven years of service time is $1.26MM. With Rivers set to be on the Colts’ roster for four games (in all likelihood), he will earn $279K for his Indianapolis stay.

He last played for $25MM in Indy, reuniting with Frank Reich as a free agent. That AAV matched Tom Brady‘s Buccaneers number in 2020. Rivers walked away following his age-38 season, leaving the Colts to try the trade route (Carson Wentz, Matt Ryan) before what appears to be a whiff via the draft (Anthony Richardson). During a first career chapter that presents a solid Hall of Fame case, Rivers collected more than $242MM.

Richardson, whose fully guaranteed rookie deal ($33.99MM) runs through the 2026 season, is in the IR-return window. Rivers will remain the Colts’ starter in Week 16, however. With the team hosting the 49ers on Monday night, a national audience will observe the 44-year-old passer’s effort to keep the Colts (8-6) in the playoff race.

In a gutsy effort against the Seahawks, Rivers added a touchdown pass to his career total. That number now stands at 422 — sixth in NFL history. Although Matthew Stafford sits in ninth, with Dan Marino (420) and Ben Roethlisberger (418) between he and Rivers, the MVP favorite has a chance to pass the former Chargers standout this season. That will depend on how Rivers fares against the 49ers and whether Shane Steichen turns to Richardson or Riley Leonard — a player who should be considered more likely than Richardson to be on the 2026 roster — over the final two weeks.