The Washington Redskins and Minnesota Vikings have officially finalized the agreement that will send quarterback Donovan McNabbto the Vikings in exchange for one and possibly two sixth-round picks, according to a person with knowledge of the situation.
The three parties had agreed on all the terms required and Minnesota was in the process of finalizing the paperwork, the source said.
To make the deal possible, McNabb agreed to rework his contract to give the Vikings more salary cap flexibility.
The six-time Pro Bowl quarterback was due to earn $14.75 million this season – including a $10 million roster bonus due to him on Sept. 12. But now McNabb will be making significantly less. People familiar with the situation said that the quarterback didn’t mind taking a pay cut because it got him out of bad situation in Washington. Read the rest