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Mcnabb agrees to 5 year 78 million dollar extension
Nov 15, 2010 at 4:05 PM
- 4ML
- Veteran
- Posts: 51,502
We've to wait and see the final numbers. I am pretty sure he won't see anything close to 78 million.
Nov 15, 2010 at 5:11 PM
- jojomellon
- Member
- Posts: 1,793
Originally posted by 49ersMyLife:
We've to wait and see the final numbers. I am pretty sure he won't see anything close to 78 million.
QBs usually do play out their contract unless its late in their career, 40 million of it is guarenteed, we do know that.
Nov 15, 2010 at 5:26 PM
- ChaunceyGardner
- Q46 Draft Winner
- Posts: 21,942
I would too.
Nov 15, 2010 at 5:33 PM
- itlynstalyn
- Veteran
- Posts: 38,520
All I have to say is
Nov 15, 2010 at 6:18 PM
- sincalfaithful
- Veteran
- Posts: 27,712
mcnabb looks like he's worth the money tonight
Nov 15, 2010 at 6:19 PM
- SoCal9er
- Veteran
- Posts: 11,496
Originally posted by sincalfaithful:
mcnabb looks like he's worth the money tonight
Yep, no 1st downs yet. Alex Smith is probably thinking his payday is coming up soon.
Nov 15, 2010 at 6:22 PM
- TheXFactor
- Veteran
- Posts: 25,566
Originally posted by horsecore:Originally posted by jreff22:
Nov 15, 2010 at 7:29 PM
- DominantQE
- Member
- Posts: 252
Nov 16, 2010 at 8:31 AM
- silkyjohnson
- Veteran
- Posts: 6,481
Thank god these aren't NBA contracts... I doubt he sees even a third of that money.
Nov 16, 2010 at 8:36 AM
- valrod33
- Hall of Small
- Posts: 137,970
After reading this http://sports.espn.go.com/nfl/news/story?id=5812371. Mcnabbs deal aint that bad
One of the contract's most significant points is a payment due this offseason, when the Redskins must decide whether or not to pay McNabb a $10 million option bonus. If they do, it would trigger the rest of the contract and make Washington liable for McNabb's $2.5 million base salary in 2011.
So in essence, the Redskins paid McNabb $3.75 million in 2010 for the right to pay him $12.5 million in 2011 and control his rights. If the Redskins cut him after this season or trade him, they are only on the hook for the $3.75 million.
Boiled down, the deal's real guarantee is $3.5 million, though if McNabb suffered a catastrophic injury this season and never played again, he would receive $25 more million.
One of the contract's most significant points is a payment due this offseason, when the Redskins must decide whether or not to pay McNabb a $10 million option bonus. If they do, it would trigger the rest of the contract and make Washington liable for McNabb's $2.5 million base salary in 2011.
So in essence, the Redskins paid McNabb $3.75 million in 2010 for the right to pay him $12.5 million in 2011 and control his rights. If the Redskins cut him after this season or trade him, they are only on the hook for the $3.75 million.
Boiled down, the deal's real guarantee is $3.5 million, though if McNabb suffered a catastrophic injury this season and never played again, he would receive $25 more million.
Nov 16, 2010 at 9:01 AM
- mcbaes72
- Veteran
- Posts: 9,679
Originally posted by valrod33:
After reading this http://sports.espn.go.com/nfl/news/story?id=5812371. Mcnabbs deal aint that bad
One of the contract's most significant points is a payment due this offseason, when the Redskins must decide whether or not to pay McNabb a $10 million option bonus. If they do, it would trigger the rest of the contract and make Washington liable for McNabb's $2.5 million base salary in 2011.
So in essence, the Redskins paid McNabb $3.75 million in 2010 for the right to pay him $12.5 million in 2011 and control his rights. If the Redskins cut him after this season or trade him, they are only on the hook for the $3.75 million.
Boiled down, the deal's real guarantee is $3.5 million, though if McNabb suffered a catastrophic injury this season and never played again, he would receive $25 more million.
Good deal, if they cut or trade him. If they intend to keep him, then all those extra contract-conditions were for nothing. I have a feeling the Redskins will keep him though.
Nov 16, 2010 at 9:21 AM
- valrod33
- Hall of Small
- Posts: 137,970
Tweet from T.O
How do u justify a 78 million dollar contract w/this type of performance?
How do u justify a 78 million dollar contract w/this type of performance?
Nov 16, 2010 at 9:33 PM
- KowboyKiller
- Veteran
- Posts: 6,988
Originally posted by valrod33:
After reading this http://sports.espn.go.com/nfl/news/story?id=5812371. Mcnabbs deal aint that bad
One of the contract's most significant points is a payment due this offseason, when the Redskins must decide whether or not to pay McNabb a $10 million option bonus. If they do, it would trigger the rest of the contract and make Washington liable for McNabb's $2.5 million base salary in 2011.
So in essence, the Redskins paid McNabb $3.75 million in 2010 for the right to pay him $12.5 million in 2011 and control his rights. If the Redskins cut him after this season or trade him, they are only on the hook for the $3.75 million.
Boiled down, the deal's real guarantee is $3.5 million, though if McNabb suffered a catastrophic injury this season and never played again, he would receive $25 more million.
Interesting contract. It's like they're telling him "Play good the rest of the season and you might get some $$."
I call this a 'carrot on a stick' contract.
Nov 16, 2010 at 9:34 PM
- toeknee
- Veteran
- Posts: 54,571
Originally posted by valrod33:
Tweet from T.O
How do u justify a 78 million dollar contract w/this type of performance?
I bet T.O. still hates Mcnabb for costing him a ring because he's a fat ass that eats mcdonalds fries before and after every practice
f**k mcnabb motherf**kf**kf**k