UPDATE: Giants, Manning agree to 6 years, $97 million deal

ALBANY, N.Y. — Eli Manning has agreed to a new six-year, $97 million contract extension with the New York Giants that will make him the highest paid player in the NFL with an average salary of roughly $15.3 million.

A person close to the talks who asked not to be identified because the deal was not signed says Manning is guaranteed $35 million under the deal which will keep him with the Giants through the 2015 season.

Manning, who led the Giants to a Super Bowl upset of the New England Patriots in February 2008 and was named the MVP of the game, was in the final year of the contract he signed as the No. 1 overall pick in 2004.

The former Ole Miss standout took over as the Giants starter midway through his rookie season and he has led New York to the playoffs in each of the past four seasons.

Tom Canavan/The Associated Press