Peter King Is Staying At Sports Illustrated

Peter King's contract is set to expire in a few weeks, but he's staying at SI. A source tells us that King has signed a deal for at least five years at the weekly magazine. An announcement is expected to go out tonight. There were rumors that King was being chased by NBC Sports and ESPN, and he left it an open question about what he planned to do. It cost SI a bit too: His salary is apparently going up.