At last we have learned the details of Donovan McNabb’s contract with the Vikings. It’s a one-year deal that will pay the quarterback a base salary of $5.05 million with incentives that could push the total value to $7.25 million.
Compared to the $20 million Brett Favre received in 2010, $5.05 million sounds like a major bargain. Even if McNabb reaches all the incentives his compensation will still be a far cry from the ridiculous pile of dough Zygi Wilf gave Favre to lead the team to a whopping five wins last year.
McNabb’s one-year deal with the Vikings represents a major pay-cut from what he would’ve received had he remained with the Redskins. Washington was set to give McNabb a $10 million roster bonus on top of his $2.5 million base salary, and on top of that there would’ve been weekly bonuses and other incentives. It’s no wonder Washington traded the quarterback, receiving two low-round draft picks in return.
So the Vikings will have McNabb for only one year before turning him loose into the free agent market. Now we wait to see what kind of job McNabb does for the Purple. For the player, it’s all about restoring his reputation after a bad season in Washington. For the team it’s all about giving the veterans one last shot at a Super Bowl before starting over again with the rookie Christian Ponder - unless McNabb excels in Purple, in which case the Vikings could still elect to negotiate a long-term deal with the veteran QB.
But now we’re getting ahead of ourselves. Let’s wait to see how McNabb looks in camp and preseason before we go making guesses about his future prospects.