McNabb and the Eagles Talking Contract Extension?

Written By Bob Cunningham On Tuesday, June 02, 2009
No, but they are talking.

Derrick Gunn reported last night that the Eagles are at the table with McNabb and his agent to talk about re-working the final two years of his contract.

There will not be a third or fourth year added, at least not right now. For now the discussion is only aimed at getting McNabb market value right now.

McNabb is scheduled to make a little over $10 million for next year, so it's not the base salary that is the problem.

The problem is that after the 2010 season, the Eagles can cut or trade McNabb at any time without a cap hit. If they cut him before 2010, they would accrue about $1.6 million in dead money.

Well, we all know that's not going to happen.

McNabb is actually signed through 2013, but realistically the contract ends in 2010. After 2010, his base salary jumps to $12 million, $14 million, and $16 million starting in 2011, respectively.

With no financial obligation to McNabb, it's highly unlikely that the Eagles would keep him around with that kind of cap number.

That's not a knock on McNabb. Even if the Eagles had won the past 10 Super Bowls, they would never pay anyone $16 million.

That's just how they are.

My guess is that the contract negotiations will involve just re-working the number for guaranteed money. The base salary is fine—a little below market value, but not enough to complain.

What McNabb wants is guaranteed money. That shows him that the organization is committed to him because they've got money wrapped up in him.

When you've got money wrapped up in something (or someone), you're more likely to keep them on board longer.

That's McNabb's thinking. It's a correct line of thinking.

Give the guy his guaranteed money—about $15 million over the next couple of years—and call it a day.

Then everyone is happy (except Sheldon, but who expects to see him past this year anyway?) and the season can progress with a happy McNabb.

Happy McNabb equals happy team which could equal, dare I say, Super Bowl?

Oh yeah, I went there.

Bust out of the checkbook Lurie, he's the face of your billion-dollar franchise.



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