Redskins and McNabb Agree to Contract Extension

Redskins Insider - Donovan McNabb's guaranteed money: $3.5 million (http://voices.washingtonpost.com/redskinsinsider/donovan-mcnabb/donovan-mcnabbs-guaranteed-mon.html)

This really amounts to a 2 year contract. Essentially McNabb walked with $3.75 yesterday and could make some nice coin in 2011 if he's still on the roster. From what I just heard McNabb could be here through all of training camp 2011 and we could still cut him before opening day and he wouldn't owe him a dime.

Either way, I don't see McNabb here beyond 2011 and it wouldn't surprise me one bit if Shanahan and Bruce Allen cut ties with him after this season. If Shanny benched his so called leader with two minutes to go during a crucial drive vs. the Lions, I'm sure he has no qualms about shipping him out altogether.

My guess is that he'll be back, but Miami is looking more attractive by the day. I say ship Mac and Moss (two players in their 30s who have interest in the Miami area) to the Fins and get us some of these damn picks back.

I'm with you on that. I have always admired McNabb and still would if he was shipped off to Miami, but I'm more interested in having someone who could be a franchise QB for the next ten years easily.

The $40M guaranteed obviously was not correct, this makes a lot more sense and his future with the team beyond this year is still up in the air. They obviously want to see him earn it.

This is why people need not freak out when they see the initial numbers.

http://www.thewarpath.net/758433-post87.html

Turns out it may not even be 2 years. Smart negotiating led by Eric Schaffer. Still, we need someone for the future, and I don't think it's John Beck. Would have loved to have drafted Sam Bradford, would have even have been content with Mark Sanchez. Getting McNabb was totally fine by me, but realistically he's not a long term answer

This is why people need not freak out when they see the initial numbers.

http://www.thewarpath.net/758433-post87.html

Turns out it may not even be 2 years. Smart negotiating led by Eric Schaffer. Still, we need someone for the future, and I don't think it's John Beck. Would have loved to have drafted Sam Bradford, would have even have been content with Mark Sanchez. Getting McNabb was totally fine by me, but realistically he's not a long term answer

Still I could see him possibly doing better in Miami with another weapon or two.

Here's McNabb's contract breakdown:

Source: Donovan McNabb due just $3.75M if cut after '10 - ESPN (http://sports.espn.go.com/nfl/news/story?id=5812371)

Here is how the rest of the full deal breaks down, according to an NFLPA source:

• 2010: $3.5 million signing bonus/$250,000 if active eight games

• 2011: $10 million option bonus/$2.5 million salary/$750,000 if active 16 games/$250,000 workout/$2 million possible playoff incentives

• 2012: $12.75 million salary/$750,000 if active 16 games/$250,000 workout/$2 million possible playoff incentives

• 2013: $13 million salary/$1.5 million if active 16 games/$250,000 workout/$2 million possible playoff incentives

• 2014: $13.75 million salary/$3 million if active 16 games/$250,000 workout/$2 million possible playoff incentives

• 2015: $13.55 million salary/$2.25 million if active 16 games/$250,000 workout/$2 million possible playoff incentives

Am I reading into things or is it interesting that this year is the only year without "$2 million possible playoff incentives", Does that imply in any way that the Skins acknowledge this was a transition year, and not one with strong playoff potential?

You really have to applaud this deal now that we know the real terms. We promise him nothing after this year, and we have the optionality of keeping him at a very reasonable level next year. Job well done.

So the answer to the all important "dead money" question is....3.45 million. Hard to care about that much. Don't see a specific benefit to it though unless they feared the departure of the franchise tag option. Still an odd deal.

Still. How can you report the deal as $40 MILLION GUARANTEED?!?! If you were given a ridiculous 90% buffer for error on that figure, your report is still wrong. Terrible work by those who broke the contract numbers.

Also: McNabb sold his option to free agency for...three and a half million dollars.

I'm sure he feared the Redskins exercising the franchise tag on him, which is the only reason that he'd agree to that up front payment. But it also means that his agent thinks there's no market for him when he does hit FA, and that he'd essentially be signing somewhere for 2/12 or something.

I'm so relieved that the initial reports were wrong,that kind of takes some of the sting away from last nite

I don't, in any way, think the field conditions had any effect on slow or fast. I think it was an offense vs. defense issue.

The Eagles weren't any slower on the slick surface than they would have been on a dry one. It wasn't about speed. They were going to control that advantage no matter what.

Glad to see you say that.You usually have insightful post and your breakdowns are superb.I guess your post about the rain was lost on me in the translation:food-smil