donovan mcnabbs bang for the buck: low-risk / high-reward?
when donovan mcnabb went through a contract restructure last june was just that; a restructure & not an extension. it seems that now we now know why. it was simply a gesture for mcnabb to raise his compensation value in the existing two years that remained on the deal. the latter portion of which would be unclear whether he remained an philadelphia eagle.
all in all, the total amount of money that mcnabb received from the eagles in that contract is $3.3 million. this figure broken down displays itself in the form of a $2.8m roster bonus paid last june & $500,000 ($31,250 per game) in 45-man active-roster bonuses paid throughout last season.
the redskins will now assume a 6.2m roster bonus due may 5th (the late roster bonus date was key in the eagles’ ability to move him) & $500,000 of 45-man active roster bonuses. the redskins will now also assume mcnabb’s $5m salary, of which $3m is guaranteed. this, is all assuming that the redskins don't nullify the current contract by replacing it with the first year of a more substantial long-term contract, which is something that certainly could happen within the next few days/weeks.
all of this of course, would mean the acqusition of veteran, pro-bowl, future hof'er donovan mcnabb was a brilliant low-risk, high-reward move for the washington redskins should they win the division & make it post-season.
the eagles now will focus contract negotiations on kevin kolb. expect something in the season similar to the the packers as they rewarded aaron rodgers with a long-term contract seven games into his career as a starter. that result was a six-year, $60m contract. the eagles may reward kolb prior to the season opener, to make a statement in their confidence as kolb as the future of the franchise. this, of course depends on the deal they can make.
one thing remains true, after shedding mcnabb, brown, brian westbrook, shawn andrews, kevin curtis, darren howard, chris gocong, reggie brown, will witherspoon & chris clemons, the team has dramatically reduced its payroll & may be in the mood to spend a little of the extra coin to lock up kolb to a long-term deal & secure the many draft picks they've recently acquired.
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