Headline: "Donovan McNabb signs a $78 million 5 year contract with $40 million guaranteed ".
Not so fast.......Let's read the fine print.McNabb's contract extension has just $3.5 million guaranteed
THE ASSOCIATED PRESS
Updated: 11/16/2010 02:57:10 PM EST
LANDOVER, Md. - Nothing is straightforward about Donovan McNabb these days. It turns out the $40 million he is supposed to be guaranteed in his new contract could turn out to be a mere $3.5 million.
McNabb's agent, Fletcher Smith, clarified some of the details of McNabb's deal Tuesday. He says while the contract is worded so that it has "$40 million in guarantees," the Redskins do have an option to cut McNabb at the end of the season with no further money due.
McNabb has been given $3.5 million this year as part of the new contract, but the rest of the five-year, $78 million package would come to naught if the team decides to cut ties.
From $40 million ......guaranteed....to $3.5 million?Be wary of all these reports......by zealous talking heads. Read the fine print.Our guess is the Redskins will cut ties with Donovan....at season's end. Read the fine print.
