The Facts:
The Giants exercised a "buy-back" of Manning's contract earlier this month, a move that keeps the fourth-year quarterback under contract through the 2012 season, Newsday has learned. Had the Giants not made the move, Manning would have become a free agent after the 2007 season.
Reported by New York Newsday
Fantasy Football Diehards Line:
The move wasn't cheap. League sources familiar with the contract told Newdsay's Arthur Staple the Giants gave Manning a $5-million buy-back bonus as well as a $3-million roster bonus. His base salary for the 2007 season will be $6.45 million. It increases to $8.45 million in 2008 and $8.95 million in 2009.
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