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How much is McNabb truly guaranteed? Plus how his extension impacts the Eagles

How much money is Donovan McNabb really guaranteed in his near deal? His agent isn't saying. His deal could still affect the Eagles and Michael Vick.

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How much is McNabb truly guaranteed? Plus how his extension impacts the Eagles

POSTED: Monday, November 15, 2010, 4:24 PM

Donovan McNabb’s guaranteed $40 million contract extension is ...
About right. That’s the going rate for a star quarterback.
Too much. It makes you wonder what a talent like Michael Vick is worth.

How much money is Donovan McNabb really guaranteed in his new deal? His agent wasn't saying Monday night.

Reports are the Redskins handed him $40 million guaranteed, and up to $88 million with incentives. There are questions, however, about how much is truly guaranteed "for skill" -- in other words, how much does McNabb actually keep if he is cut (some contracts are guaranteed in case of injury but not if a team decides to cut a player). Smith, was evasive when asked about that issue.

"I’m not exactly sure how much is guaranteed for skill. Not many of these deals are guaranteed for skill at the time of signing just because of the CBA, so most of them are locked in at a future date," Smith said.

He said McNabb loves Washington, though, and doesn't want to bounce from city to city chasing a championship.

"He said he he loved it here, loves his teammates, loves the city and the way the fans have embraced him and organization as well," Smith said.

He said McNabb, after years of questions about his future in Philadelphia, was eager to establish some stability.

"Donovan has been in this cycle for three or four years now, with the Eagles, sort of year to year, so I think it was important for him to know that this would be his home for the next few seasons," Smith said.

He said he and the Redskins talked immediately after McNabb's benching against the Lions two weeks and that the two sides had hoped to get a deal done during the bye, when McNabb would not be focused on a game.

Smith said he was looking beyond the benching, but did say, "the last two minutes of the game that’s really where you earn your money, so it did not make sense to me, friend or not. As a football guy it didn’t make sense to me."

Here are two knee-jerk reactions to the deal: 

1. I wonder if the benching added urgency to get the deal done. If the Redskins really wanted to keep McNabb as a stabilizing presence, they needed to repair their relationship with him fast. The team has struggled for years to find a steady quarterback and apparently doesn't want to keep the carousel turning. This is just a guess, but maybe they stepped up their efforts to get McNabb a deal before the relationship had a chance to deteriorate further.

2. You can bet Michael Vick and his representatives will be aware of this deal. If the NFL's 25th rated passer who has led his team to a .500 record gets up to $88 million, how much will Vick command, considering that he has been one of the best quarterbacks in the league this season and is undefeated in games he starts and finishes?

We'll see the two friends face off in a few hours (and whether Vick can add to that record). Earlier today we examined the many twists and turns this year for the Eagles, Redskins, Vick and McNabb and how they brought success in Philadelphia and a rocky ride in Washington.

Jonathan Tamari @ 4:24 PM  Permalink | 41 comments
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Comments  (41)
  • 0 like this / 0 don't   •   Posted 4:35 PM, 11/15/2010
    Snyder is a dope.
  • 0 like this / 0 don't   •   Posted 4:40 PM, 11/15/2010
    Think how many dogs Vick can buy if he gets a new contract? Make sure you know where your dog is at people if he lives near you. He Dog Crazy.
    neddyflanders
  • 0 like this / 0 don't   •   Posted 4:41 PM, 11/15/2010
    That's more money on a per year basis than the 10-yr deal the Eagles gave him when he was 23. Well done, Mr. Snyder. Thanks for trading him to Washington, Andy!!
  • 0 like this / 0 don't   •   Posted 4:45 PM, 11/15/2010
    Love it. Millstone around the Skins' neck the next 5 years. Couldn't have happened to a better group of people.
    DennyP
  • 0 like this / 0 don't   •   Posted 4:48 PM, 11/15/2010
    Hey Flanders....lol
    Jerseymagic
  • 0 like this / 0 don't   •   Posted 5:05 PM, 11/15/2010
    This deal make no sense what-so -ever. Typical Redskins move though. They will suck for the foreseeable future!
  • 0 like this / 0 don't   •   Posted 5:25 PM, 11/15/2010
    Snyder is a first class dope! He plays this like it's fantasy football.
    Germantown_Ed
  • 0 like this / 0 don't   •   Posted 5:32 PM, 11/15/2010
    talk about handcuffing him moving into an uncertain collective bargaining agreement
  • 0 like this / 0 don't   •   Posted 5:38 PM, 11/15/2010
    Shows you why Washington will continue to be a franchise in disarray.
    syracusenats
  • 0 like this / 0 don't   •   Posted 5:40 PM, 11/15/2010
    This leaves Snyder alone, at the top, of the idiot owners list. Think about what this does to that franchise. Making Andy look like a genius.
    Hatfield_ham
  • 0 like this / 0 don't   •   Posted 5:41 PM, 11/15/2010
    How come people/fans/media are making fun of the Redskins for benching McNabb and then giving him a huge sum of money WHEN THE EAGLES did the same thing in 2008 when he was benched in the Ravens game....in fact the Eagles have paid him more then 100 million over 11 years and they Eagle organization takes no heat???? How are the Eagles labeled as geniuses for drafting him and paying him over 100 million for no championships and the Redskins are labeled as dopes, (dopes with 3 SB trophies)??? Where is the objectivity?
    keepitreal1234
  • 0 like this / 0 don't   •   Posted 5:41 PM, 11/15/2010
    How come people/fans/media are making fun of the Redskins for benching McNabb and then giving him a huge sum of money WHEN THE EAGLES did the same thing in 2008 when he was benched in the Ravens game....in fact the Eagles have paid him more then 100 million over 11 years and they Eagle organization takes no heat???? How are the Eagles labeled as geniuses for drafting him and paying him over 100 million for no championships and the Redskins are labeled as dopes, (dopes with 3 SB trophies)??? Where is the objectivity?
    keepitreal1234
  • 0 like this / 0 don't   •   Posted 5:46 PM, 11/15/2010
    keepitreal1234 - after we benched mcnabb, he led us to the NFC championship game. mcnabb is playing like garbage this year. and we didn't extend his contract, we only gave him a pay raise on the current contract. get your facts straight.
    NovaWildcats36
  • Comment removed.
  • 0 like this / 0 don't   •   Posted 6:09 PM, 11/15/2010
    Hopefully the next CBA will have a "Snyder Stupidity Clause", whereby no Redskins' contracts get factored into the average salary of NFL players. Snyder's a moron, but his foolishness effects us all. I am Oppressed.


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