The Eagles have signed new starting quarterback Kevin Kolb to a 1-year contract extention through the 2011 season.
Kolb was set to play out the final year on his original rookie contract, which would have paid him about $1.3 million. An Eagles source and Kolb's agent, Jeff Nalley, said the unusual brevity of the extenson was because of the expiring collective bargaining agreement, and the subsequent rule that contract extensions can only increase salary by 30 percent a year. Adam Caplan of Scout.com reported Kolb will get $12.26 million guaranteed, most of it a signing bonus, which is not affected by the rule. An Eagles source confirmed the figure.
"I think both sides thought it was important to do this," Nalley said.
"It's been a good month," Kolb said at an afternoon news conference. He was named the starter after the trade of Donovan McNabb, greeted a new daughter, and got a big raise, all in April.
"It means a lot," Kolb said. "You never want to let anybody down, especially when they've put that much faith in you."
Kolb could have played out his deal and forced the Eagles to franchise him next year -- but if he suffered a serious injury this season, he could have gotten nothing.
"Just security," he said when asked his reason for wanting the extension. "Getting it out of the way" so he can concentrate on leading the young team.
“We’re happy to have Kevin under contract for the next two seasons,” said head coach Andy Reid. “When given the chance, Kevin has proven to have good command of this offense and we’re looking forward to having him operate as the number one quarterback for the Philadelphia Eagles.”
Added Eagles general manager Howie Roseman, “We’re excited about what we’ve seen from Kevin during his three seasons in Philadelphia both on and off the field. We’re happy to get this contract in place for the near future and are looking forward to keeping Kevin in Philadelphia for many more years to come.”
Said Eagles president Joe Banner, “I’d like to thank Kevin and his agent Jeff Nalley for their work in getting this contract signed. We’re very happy with Kevin and all the attributes he brings to this organization and we’re pleased to sign another young, ascending player to a contract. It’s something that this organization has prioritized over the last several years.”
BTW, rookie Ricky Sapp said today he will be a strongside linebacker, not a defensive end for the Eagles, as indicated by the team last weekend. Interesting switch.