Philadelphia, PA (My Sportsbook) - The
Philadelphia Eagles restructured the final two years of Donovan McNabb's contract on Thursday, giving the franchise quarterback a raise for the deal that is set to expire at the conclusion of the 2010 season.
According to the Philadelphia Inquirer, McNabb's agent confirmed that the signal-caller will receive $24.5 million over the next two seasons, a total raise of $5.3 million. He was signed to a lengthy 12-year deal back in 2002 but had the final three seasons voided after incentive clauses were reached.
"I looked at it in this situation that these two years are very important," McNabb said at a Friday press conference. "With the type of team that we have, I think it's important to focus in to achieve that common goal -- to win the Super Bowl. I've always said that I would like to retire (in Philadelphia), but that's not going to be in two years."
The second overall pick in the 1999 draft has played his entire 10-year career in Philadelphia, guiding the Eagles to five NFC Championship games, including an appearance in Super Bowl XXXIX.
"Obviously, as an organization, we feel that this is very warranted and earned and deserved," Eagles head coach Andy Reid said. "In a nutshell, both sides wanted to get something done here. We thought it needed to be done. Donovan warranted this. Very few players and situations where a player is far enough into his career [warrant this], but we felt Donovan was in that situation."
The Chicago native had a tumultuous 2008 campaign, highlighted by his benching in a Week 12 blowout loss to Baltimore. But the five-time Pro Bowl selection battled back to lead the Eagles to four victories in their final five regular season games to sneak into the playoffs, where they were once again ousted in the NFC title bout by Arizona.
McNabb has re-written the franchise's record book for quarterbacks, ranking first in passing yards (29,320), touchdowns passes (194) and completions (2,534). He also has the lowest interception percentage in NFL history (2.09 percent).
In addition, the Syracuse product has rushed for 26 TDs and 3,109 yards in his career.
