General manager Tom Telesco confirmed that stance Monday, via ESPN.com's Eric Williams, at the NFL Annual Meeting.
Telesco made it clear, however, that Rivers won't be dealt for the Titans' No. 2 overall draft pick -- or any other package.
"He's our guy," Telesco explained. "Like I've said before, we'd like to extend him. And when he's ready to do that, we'll get moving on it."
Coach Mike McCoy was just as emphatic on Tuesday, telling reporters that Rivers is "one of the best in the business."
"The only thing I'm worried about is this next season. We can't worry about 2016 and beyond," McCoy added to NFL Media's Tiffany Blackmon. "He's under contract for this year, and we plan on Philip Rivers retiring a Charger."
The Chargers' position on Rivers is understandable. Armed with leverage provided by the franchise tag, NFL teams simply don't trade proven franchise quarterbacks.