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Report: Redskins sign McNabb to five-year extension

Donovan McNabb has secured another financial apology.

ESPN’s Michael Smith reports that the Redskins have signed McNabb to a five-year, $78 million extension with a reported $40 million guaranteed.   Yep, the organization just doubled down on McNabb two weeks after benching him for Rex Grossman.

As always, we’ll wait to see the contractual details before knowing the full story.  The final years of the contract are likely meaningless, and we’ve often seen that “guaranteed” money is often anything but when you look closer.

With that out of the way, this clearly a serious and stunning financial commitment from the Redskins.  McNabb will surely be locked in Washington through the 2011 season at a minimum.

McNabb is being paid like a superstar, but he hasn’t played like one.  This contract is a bet that he’s going to improve his play drastically in Mike Shanahan’s offense because he’s been league average at best so far.  We have our doubts McNabb can life the Redskins beyond mediocrity.

We don’t have to wait long to evaluate Dan Snyder’s latest investment.

Starting Monday night, McNabb gets to make the organization look smart for all their faith or foolish for sinking more money into a doomed partnership with Mike Shanahan.

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59 Responses to “Report: Redskins sign McNabb to five-year extension”
  1. 4sacroc says: Nov 15, 2010 3:33 PM

    Get ready for 5 miserable years, Skin Fan.

  2. suckitflorio says: Nov 15, 2010 3:35 PM

    And when the Redskins draft a QB in the early rounds of next years draft, everyone will talk about how disrespectful it is to McNabb. Lovely!

  3. allgreenbay says: Nov 15, 2010 3:36 PM

    Redskins: They officially make less sense than the Raiders.

  4. peterkingisabottom says: Nov 15, 2010 3:36 PM

    This better work, at least he will buy some time while they develop the QB of the future. Who knows who that might be.

  5. R8RBOB says: Nov 15, 2010 3:36 PM

    “5” must have NSFW pics of ShanaRat and Danny Boy doing the nasty. 40 mil guaranteed….Donovan is the man. Rex who?

  6. ineptguy6 says: Nov 15, 2010 3:36 PM

    Well, he certainly has earned it. Oh wait, no he hasn’t. What has he done this season? His greatest accomplishment is being marginally better than Rex Grossman. That type of talent is definitely worth $78 mill.

  7. onewinningdrive says: Nov 15, 2010 3:37 PM

    No way both Shanahan and McNabb will be with the Redskins next year …. just stunned.

  8. realitypolice says: Nov 15, 2010 3:38 PM

    Holy Crap.

    In this crazy year, this has to be the craziest story of all.

    I would have put the chances of McNabb signing there at zero, only because there is no number lower.

    This deal is insane for both sides. McNabb has shown clear signs that he is in decline, and Shanny has shown clear signs that McNabb is not his guy.

    And now they gaurantee him 40 Million?

    Holy Crap.

  9. mattroark says: Nov 15, 2010 3:41 PM

    They should sign Brett Favre instead, he is way better than McNabb at throwing anyway.

  10. cowboys282 says: Nov 15, 2010 3:42 PM

    That’s the funniest news I have heard all year. Same old Redskins lol.

  11. freebird2011 says: Nov 15, 2010 3:44 PM

    That’s a lot of money for a guy who got pulled for Rex Grossman with the game still on the line.

    This reported transaction has to be the height of passive-aggressive behavior. Does McNabb or his agent have incriminating photos of Dan Snyder and Mike Shanahan?

  12. oa316ts says: Nov 15, 2010 3:44 PM

    How can anyone even begin to justify that contract? I guarantee you not even Redskins fans, no matter how crazy/loyal, can’t justify that amount of money… but Dan Snyder can be expecting a thank you note from Peyton Manning and Tom Brady any day now.

  13. demolition510 says: Nov 15, 2010 3:45 PM

    Moral of the story – be out of shape, don’t bother to learn how to play a 2minute offense and Skins will pay you.

    Pick up line 3 it’s JaMarcus.

  14. pervyharvin says: Nov 15, 2010 3:45 PM

    Stupid move Redskins….guess us Viking fans don’t have it that bad….

  15. nybeez80 says: Nov 15, 2010 3:46 PM

    I love Dan Snyder. What a terrible move by the redskins.

  16. jhorton83 says: Nov 15, 2010 3:46 PM

    Yet another foolish signing by Dan Snyder. I lost count a while ago. Is this #131 or #132?

  17. rarson says: Nov 15, 2010 3:46 PM

    Signing McNabb to a contract won’t magically make the team’s faults disappear. The Redskins need to build the rest of the team up too, and not just expect McNabb to be a magical panacea. Judging from past experience though, they probably won’t.

  18. dlr4skins says: Nov 15, 2010 3:46 PM

    Never a dull day following this team.

  19. everybodygotaids says: Nov 15, 2010 3:48 PM

    Wait…..seriously?

  20. dolfan34 says: Nov 15, 2010 3:52 PM

    I’ll be in the minority but I think signing him is a pretty good move. H’e still got lots left in the tank. Now if those are the numbers, then I think the Redskins overpaid but I also think he won’t end up ACTUALLY getting anything close to that.

  21. nygiantstones says: Nov 15, 2010 3:54 PM

    I just don’t get it at all. Has Shanahan’s ego finally consumed his brain? Has McNabb suddenly lost his mind as well? I would have seen Mcnabb leaving for AZ or Minn, rather than playing for a coach that called him fat and stupid.

  22. jceb10 says: Nov 15, 2010 3:58 PM

    Thank god the Skins beat the Vikings to this signing.

  23. everybodygotaids says: Nov 15, 2010 3:59 PM

    So if McNabb can’t run the 2-minute offense, assuming that the Redskins have TOP of about 50/50, he would play 28 minutes/game on average. 16 games per season (unless they make the playoffs….heh)…that’s 448 minutes of play per year. Over 5 years, that’s 2240 minutes of play. So…about $35 grand/minute? He better be able to talk FILTHY for $35k/minute.

  24. jdmcmill says: Nov 15, 2010 3:59 PM

    Absolutely stunned!!!! This sucks for McNabb but it is smart for him. When Shanahan cuts him he will still get paid.

  25. DC Sports Radio says: Nov 15, 2010 4:00 PM

    More proof, “ShanaVan” doing just fine! Oh, and guess what else? This date had been red-circled for 4 months to announce the extension! True story! Wonder why this date?? weird, huh….

  26. ocho says: Nov 15, 2010 4:03 PM

    @cowboys282 i have some funnier news for you, your team is 2-7…

  27. pukey60 says: Nov 15, 2010 4:06 PM

    Proof that having money does mean you also have brains. See Jerry Jones, Michael Jackson or Charlie Sheen.

  28. tip1984 says: Nov 15, 2010 4:06 PM

    just gonna say they should have waited to announce this until after a game they won lol bc if the Eagles stomp them they will look stupid

  29. sinclairsanuthugger says: Nov 15, 2010 4:06 PM

    peterkingisabottom says:
    Nov 15, 2010 3:36 PM
    This better work, at least he will buy some time while they develop the QB of the future. Who knows who that might be.

    —————————————————-

    Buy some time? I thought they were trying to win now? Develop? Who have they ever developed in recent memory? Good luck you moron.

  30. butche106 says: Nov 15, 2010 4:09 PM

    Shan-Na-Rat and boy wonder must have got taken to the woodshed by Snyder and Bruce Allen. That Benching in Detroit with the game still in contention and this add’s up to Dan Snyder telling Shan-Na-Rat and his Boy Wonder Kyle, guess what happens next at the end of the season if you pull that benching McNabb again.

    I’ll hire Tony Dungee, lol.

  31. redhunter07 says: Nov 15, 2010 4:09 PM

    So they give him a huge contract right before a big game. Is that so he’ll perform? What about next week? That organization has been a joke since Snyder took over. I bet Redskin fans long for the days of Jack Kent Cook.

  32. kantnockdahustle89 says: Nov 15, 2010 4:09 PM

    It was only a matter of time until Danny Snyder went back to his old ways.

  33. shotcalla14374 says: Nov 15, 2010 4:13 PM

    The timing of this makes no sense, but everything the Redskins do doesn’t make sense. McNabb can’t play much worse, so hopefully the financial security will raise his level of play. The only thing funnier than McNabb’s new contract is the fact that Cowboys fans are still talking trash. I thought Cowboys fans would get sick and tired of hearing about their team with all of the negative publicity, but I guess not. They are 2-7 and the most talked about team in the league. I’m glad that the Cowboys won yesterday; the Giants get knocked off their pedestal and the Cowboys organization actually thinks it has a good coach in Jason Garrett. Make fun of signing McNabb to a long term contract all you want because doing the same with Jason Garrett would be an even bigger mistake.

  34. realitypolice says: Nov 15, 2010 4:15 PM

    peterkingisabottom says:
    Nov 15, 2010 3:36 PM
    This better work, at least he will buy some time while they develop the QB of the future. Who knows who that might be.
    =============

    Buy some time? Buy some time? 40 million gauranteed better buy a hell of alot more than that!

  35. help me says: Nov 15, 2010 4:16 PM

    So I say it again. It’s not racist to give a black man millions but it is racist to bench him.

  36. isonic1 says: Nov 15, 2010 4:17 PM

    Wait, I thought Shanny and McNabb were going to end their relationship after this season??? at least that’s what all the experts were saying, including you Florio! I thought McNabb couldn’t grasp of offense or he wanted out. Nope, none of those DA rumors were true.

  37. oa316ts says: Nov 15, 2010 4:17 PM

    oa316ts says:
    Nov 15, 2010 3:44 PM
    How can anyone even begin to justify that contract? I guarantee you not even Redskins fans, no matter how crazy/loyal, can’t justify that amount of money… but Dan Snyder can be expecting a thank you note from Peyton Manning and Tom Brady any day now.

    ————————————————-

    Allow myself to correct, myself… only Peyton Manning will be writing that thank you note since Brady already got his extension…

  38. jaggedmark says: Nov 15, 2010 4:23 PM

    Why not commit to McNabb?

    After all, who would want Andrew Luck, Ryan Mallet, Cameron Newton, or Jake Locker anyway?

  39. delshofner says: Nov 15, 2010 4:29 PM

    peterkingisabottom says:
    Nov 15, 2010 3:36 PM

    This better work, at least he will buy some time while they develop the QB of the future. Who knows who that might be.
    =============

    Well, some time for Rex Grossman to develop. Except for, you know, the two minute drill thing that he already has down … and the cardio-vascular stuff. He’s aces in that.

  40. rowbear says: Nov 15, 2010 4:31 PM

    Nothing changes for this franchise and as a fan for over 35 years, it pains me. It was bad enough that they signed Shanahan as coach and traded for McNabb, but to reward him for being less than average is inexcusable. One step forward (Allen), two steps back (Shanahan and McNabb).

  41. kirkandhanh says: Nov 15, 2010 4:33 PM

    Hopefully he’ll get into football shape now!

  42. heywoodjablome says: Nov 15, 2010 4:36 PM

    Incredible. Just when you thought they were gonna get rid of him, they surpirise us all and laughingly give him a FIVE YEAR EXTENSION! Holy crap what a horrible decision!

  43. ja141762 says: Nov 15, 2010 4:40 PM

    Fool me once (haynesworth) shame on you.. Fool me twice (McNabb) shame on me… Fool me 3 times (Jamarcus???)…..

  44. facebook.com/joesimmonscomic AKA Slow Joe (Bucs fan) says: Nov 15, 2010 4:42 PM

    Look, I like McNabb, and I always felt he wasn’t treated well by the Philly fans for what he did for the Eagles.

    But this is ridiculous. No way I’d spend that much guaranteed money on a guy with an injury history like his, and already in the twilight of his career.

  45. R8RBOB says: Nov 15, 2010 4:45 PM

    #
    demolition510 says: Nov 15, 2010 3:45 PM

    Moral of the story – be out of shape, don’t bother to learn how to play a 2minute offense and Skins will pay you.

    Pick up line 3 it’s JaMarcus.
    ——————————————————
    It’s JaBustus. He is too lazy and too sorry to be worthy of being called JaMarcus….LOL

  46. rhodeislandpatriotsfan says: Nov 15, 2010 4:46 PM

    In my view, Donovan McNabb’s reported five-year, $78 million extension makes about as much sense as the seven-year, $100 million deal with Albert Haynesworth.

    Ask yourself a question: Would the New England Patriots have made either of these deals with McNabb or Haynesworth? And that explains, in part at least, why some franchises are managed better than others.

  47. mnviking says: Nov 15, 2010 4:54 PM

    Whew… I guess I don’t have to worry about my Vikings signing him in the offseason. Rather play with clutz T. Jackson

  48. hoobsher says: Nov 15, 2010 4:58 PM

    in the words of dan lebatard:

    WELCOME TO ANOTHER 10 YEARS OF IRRELEVANCE!!!!

    seriously how does nobody see this? hes average at best and hes getting paid almost as much as brady. its hilarious, better than seinfeld, for philadelphia to just watch this. and the series is only getting better as this contract promises that washington is wasting this kind of money to ensure that they dont get any better for at least the next 5 years, my guess is another 10. keep up the good work, snyder

  49. 92green12bleeder20 says: Nov 15, 2010 5:02 PM

    why are my post dissapearing?

  50. tailgateheaven says: Nov 15, 2010 5:06 PM

    This contract is nothing but bi-polar behaviour from a confused overrated coach and “whatever you say pops” son, and a mini me Jerry Jones egotistical owner who has absolutely no clue how to build a foundation critical to success.

    You basically just called Donovan McTurtle fat and stupid….and embarrasssed a class act in this league.

    This is like beating the snot out of your girlfriend, then making excuses after public outcry, then asking her the next day to marry her.

    These jokers of an organization must’ve recently had a group hug while molding some pottery with Cooley.

  51. sdisme says: Nov 15, 2010 5:11 PM

    Are you sure Snyder didn’t buy the right to sell McRibs in the stadium, because that would make more sense.

  52. connie75 says: Nov 15, 2010 5:25 PM

    There’s a reason this franchise has been a laughing stock for almost 20 years now.

  53. barneyknows says: Nov 15, 2010 5:36 PM

    Snyder i too can be a mediocure QB
    please send money

  54. 4sacroc says: Nov 15, 2010 5:53 PM

    Pervy –

    Oh, you have it bad; and it’s gonna get worse next year ….

  55. drexelvol says: Nov 15, 2010 6:06 PM

    Whatever, he’s only got one more year (maybe) left in him.

  56. kencoc says: Nov 15, 2010 6:19 PM

    If it doesn’t work out with Shanahan, I am sure Andy Reid would be happy to coach him again. Then next year they can look as bad as the cowgirls!!!

  57. ravensrule says: Nov 15, 2010 7:12 PM

    I like it for the Deadskins, if they can keep McNugget in shape & get some talent around him. Other than T.O., he has never had good WR’s to throw too. Still, throughout the years, the guys has found ways to win games. The #’s arent always good, but he gets W’s

  58. iwishiwasindc says: Nov 15, 2010 8:03 PM

    S%#! My Team Says….and Does! Doink!

  59. ejtowne says: Nov 18, 2010 8:06 PM

    This makes no sense at all… They bench him, then sign him to a huge contract… Umm ok, I am officialy confused.

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