Donovan McNabb Agrees To Contract Extension With Redskins For Five Years, $78 Million

It was reported over the weekend that the agent for QB Donovan McNabb would be meeting with the Washington Redskins management to hammer out a long-term extension. McNabb was entering the final year of his deal and the Redskins wanted to keep him around following last April's trade.

The two sides were able to agree to a deal prior to the Redskins' Monday Night Football game against McNabb's former team, the Philadelphia Eagles.

ESPN's Michael Smith reports McNabb and the Redskins agreed on a five-year extension. The total contract is worth $78 million and can reach as high as $88 million with incentives, Smith reports. $40 million of it is guaranteed.

This shows that Mike Shanahan, who benched Donovan McNabb late in the game two weeks ago, is committed to McNabb. One concern that will be highlighted is committing so much to McNabb, who turns 34 later this month. Though others will point out that Shanahan did pretty well with another aging quarterback named John Elway.

The Redskins have yet to officially announce the extension.

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