Correction! McNabb Extension With Redskins Only $3.5 Guaranteed

Per ESPN's Michael Smith, QB Donovan McNabb and the Redskins agreed to a 5-yr extension with the Redskins worth reported $78 mil, with $40 mil in garauntees. Per this new ESPN report by Adam Schefter the true guarantee is only $3.5 million and the deal has clauses galore that would need to be reached for McNabb to see the full extent of the deal. Here are the details:

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.


This is following the bye Redskins bye week, after coach Mike Shanahan pulled McNabb late in the game due to poor conditioning (McNabb has been nursing injuries all season.

McNabb is in his 12th year in the NFL and first with the Redskins. So far this season he has completed 57% of his passes., with 7 touchdowns, 8 interceptions and a QB rating of 76.

-ALR

Los That Links 8-11-10

Greetings from the land of laziness. Your boy has been in Kauai, HI for the last three days, hence the slowness of the Los That Links. The world ain't stopped spinning though, and things are afoot that deserve your attention, so we'll gt some in before I go back to my Mai Tai.

- KC Chiefs wideout Chris Chambers (above) gives hope to groupies and gold diggers everywhere by marrying his stalker.

- Andy Reid is still a little sensitive over Donovan McNabb demanding for a trade to a division rival. Oh wait, McNabb didn't demand a trade? He wanted to retire an Eagle. Why are you tripping then, Andy?

- Lebron James is watching you. Meanwhile, Kobe is practicing.

- Are you ready for some football? The latest Madden was released. Are you ready for over 70 hours of Gus Johnson? I know I am.

- Speaking of Madden, that may be the only place NY Jets fans will get to see Darrelle Revis play this season.

- Brandon Phillips calls the Cardinals some "b*tch*s", helping spark a pretty gnarly brawl yesterday.

- The basketball gods are trying to drive home their disappointment in Trevor Ariza over last summer. But does it mean they aren't upset with Chris Paul?

- Is this the "Summer of Lebron", or the "Summer of Jim Gray Inserting Himself Into Major Stories in an Attempt to Restore Credibility, but Ultimately Failing"?

- Al Davis thinks Jason Campbell is the new Jim Plunkett. Seriously.

- ESPN's Scoop Jackson is taking Money May off of his ride or die list.