McNabb restructured, but not extended

[Mr. Scot]

KFFL, citing ESPN and the Philadelphia Inquirer.

Eagles | McNabb restructures contract

Updating a previous report, ESPN.com reports the Philadelphia Eagles and QB Donovan McNabb have agreed to restructure the final two years of McNabb's contract. McNabb will make $24.5 million over the next two years with another $1 million in incentives, according to ESPN's Michael Smith. He was due to receive $9.2 million this season and $10 million next season before restructuring his deal.

That's a load of loot for two years.

Eagles | McNabb deal does not add length to years of contract

Continuing an ongoing storyline, Bob Brookover, of The Philadelphia Inquirer, reports while the Philadelphia Eagles restructured the contract of QB Donovan McNabb and he received a bump in pay, the team did not extend the deal beyond the two years he had remaining on his previous contract.

Head scratcher?

[scpanther22]

i saw this myself...i heard on NFL live it might be because of the possible lookout in two years..

[Fireball77]

Also could have been a move to hit the salary cap floor. Note the 2009 cap # approaching P. Manning's:

http://www.profootballtalk.com/2009/06/16/new-contract-pushes-mcnabbs-2009-cap-number-above-20-million/

I heard McNabb himself remark when this was announced that he didn't want to do anything until he saw what the team did to add players/improve.