Peter King, lover of Brett Favre and all things NFL, is going to be at Sports Illustrated until at least 2016. According to The New York Post, King signed a new deal with SI for three years, at a little over $1 million per year. That makes him one of the highest paid journalists at Time Inc., and one very happy dude.

King told the Post that he did consider going to ESPN, but then realized everyone hates ESPN and decided against it. Kidding!

As part of the deal, King is going to oversee his own football-centric blog. It will be housed at SI.com and will feature all new writers, aside from King.

What’s the new blog going to be called? Paul Fichtenbaum, editor of Time Inc.’s Sports Group, said for now, “we’re just calling it Peter’s site.” It’s damn good to be King.

Time Inc. editor-in-chief John Huey announced today a couple of promotions. Paul Fichtenbaum has been named editor of the Time Inc. Sports Group. He succeeds Terry McDonell, who remains with the company as a senior advisor. In addition, Chris Stone has been appointed managing editor at Sports Illustrated. He is the ninth person to hold that position in SI history.

“Sports Illustrated was the prism through which I viewed the sports world growing up and I’ve had the good fortune of participating in its evolution over the last two decades,” Stone said. “We tell stories—muscular, entertaining, differentiated stories and journalism-and we’re going to keep telling them, using all of our platforms to tell them in the most ambitious and accessible ways possible.”

Stone joined Sports Illustrated in 1992 and he ascended the ranks to become assistant managing editor in 2009. He also oversaw the Swimsuit franchise evolution into a multiplatform global juggernaut and notably was senior editor for baseball when SI uncovered Alex Rodriguez’s positive steroid tests which has been one of the decade’s most transcendent stories.

In Fichtenbaum’s new role, he’ll be responsible for the editorial oversight of the Group’s portfolio consisting of the Sports Illustrated, Golf and SIKids franchises.

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Matt Bean has been named the new managing editor of Sports Illustrated’s website, SI.com. Bean comes to SI from Rodale, where he has been since 2004; most recently as vice president, digital product development. Bean will succeed Paul Fichtenbaum, who was named editorial director of Time Inc.’s Sports Group.

“Matt is a dynamic editor who brings a deep respect for the Sports Illustrated brand,” Fichtenbaum said. “He understands how to create and distribute content across the entire digital spectrum. His knowledge in Web, mobile, tablet, gaming and social platforms will be a vital resource as we expand our digital footprint.”

Bean joins SI.com on September 4.