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Posted by Mike Florio on June 12, 2009, 9:36 a.m.
As it turns out, the Eagles have given Donovan McNabb another $5.3 million over the next two years.
According to ESPN’s Michael Smith, that’s the amount of the raise McNabb will receive under the remaining seasons of his existing deal.
And so McNabb is now in line for $24.5 million — an average of $12.5 million per year.
Not bad for a guy who possibly would have been traded or cut if the Eagles hadn’t pulled a stunning late-season reversal, ultimately coming within a game of a Super Bowl berth.
But the move continues to make no sense to us. Why not add another non-guaranteed year at $10 million or more? It would have given the Eagles the option to keep him beyond 2010, if the Eagles had so elected.
Instead, the Eagles face losing McNabb in 2011 for no compensation, unless they use the franchise tag to keep him. If the franchise tag even exists come 2011.
There’s also a belief that one of the motivations of the McNabb deal was to help the Eagles comply with the 2009 salary floor. Thanks to years of carrying over excess cap space, the Eagles have (at last look) more than $30 million in cap space.
Either way, we can’t think of a similar situation from past NFL offseasons. Players typically don’t get more money without having to give up, at a minimum, another season of service.
As it turns out, the Eagles have given Donovan McNabb another $5.3 million over the next two years.
According to ESPN’s Michael Smith, that’s the amount of the raise McNabb will receive under the remaining seasons of his existing deal.
And so McNabb is now in line for $24.5 million — an average of $12.5 million per year.
Not bad for a guy who possibly would have been traded or cut if the Eagles hadn’t pulled a stunning late-season reversal, ultimately coming within a game of a Super Bowl berth.
But the move continues to make no sense to us. Why not add another non-guaranteed year at $10 million or more? It would have given the Eagles the option to keep him beyond 2010, if the Eagles had so elected.
Instead, the Eagles face losing McNabb in 2011 for no compensation, unless they use the franchise tag to keep him. If the franchise tag even exists come 2011.
There’s also a belief that one of the motivations of the McNabb deal was to help the Eagles comply with the 2009 salary floor. Thanks to years of carrying over excess cap space, the Eagles have (at last look) more than $30 million in cap space.
Either way, we can’t think of a similar situation from past NFL offseasons. Players typically don’t get more money without having to give up, at a minimum, another season of service.