Redskins Give McNabb Five-Year, $78 Million Extension

Donovan McNabb has 78 million more reasons to smile.

Washington Redskins quarterback Donovan McNabb is no longer just playing on the heels of a late-game benching as he faces the Philadelphia Eagles, his former team, tonight on Monday Night Football. Now the 33-year-old takes the field as the recent recipient of a 5-year, 78 million dollar contract extension that will keep McNabb in the nation’s capital past his 39th birthday. The deal reportedly includes $40 million guaranteed. To put the contract in perspective, Tom Brady’s last extension was for five years and $78.5 million. Brady is widely considered one of the top three quarterbacks in the league.

McNabb has completed just over 57 percent of his passes for 1,971 yards, 7 touchdowns and 8 interceptions halfway through his first season in Washington. His 76.0 quarterback rating is the lowest since his rookie year in 1999.

McNabb was traded from Philadelphia to Washington on Easter Sunday this year, with just one year remaining on his contract.

In return, the Eagles received a second round pick and a conditional third or fourth round pick in 2011. McNabb was a six-time Pro Bowler and took the Eagles to five NFC Championship Games and one Super Bowl, which Philadelphia lost to New England. McNabb holds virtually every Eagles franchise record for a quarterback, including wins, passing yards and passing touchdowns.

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