Titans face March deadline on McNair contractAssociated PressNASHVILLE, Tenn. -- Tennessee general manager Floyd Reese said Friday reworking Steve McNair's contract is going to be a "long, drawn out process.""This is not going to happen in the next day or two or week or two. It's going to take time," Reese said. "We'll continue to talk on a daily, weekly basis and see if we can't make progress.'The Titans face a deadline in March of either paying $50 million to extend the quarterback's contract through 2009 or a $1 million fee that would take his deal through 2006. He is scheduled for $9 million in base salary for 2006.That leaves the cheapest option paying the $1 million fee and continue talks on a reworked contract, which the $50 million option was designed to force."Anything short of paying the $50 million is a possibility," Reese said.The Titans hold the No. 3 pick overall in the NFL draft, where they would have a chance to draft McNair's successor in either Matt Leinart, Vince Young or Jay Cutler of Vanderbilt.Reese has said they are budgeted to pay McNair this season.McNair's agent, Bus Cook, didn't immediately return a message for comment. But he has said McNair isn't interested in taking a pay cut.Reese talked about McNair at a news conference to announce a four-year deal keeping defensive end Kyle Vanden Bosch. The general manager said he wasn't sure if the Titans would try to sign center Justin Hartwig or safety Tank Williams to keep them off the free-agent market.
McNair has been productive this year,i think they should keep him according to his number with 3161 passing yards this year, and a 61% completion
Just let him go, he's played alright but he's prone to injury and his age doesn't help his case either. Volek will most likely leave too whenever his contract runs out.
They shouldn't let him go, sign him to a 1 year deal. The draft Young, McNair mentors him and we are all happy.
Obviously he was never going to get the $50 million bonus, but Reese has said they are prepared to to pay him his $9 million salary this year. That would put his cap hit for this year at just over $23 million from $13+ mil in accelerated bonus money (from restructuring), plus the $9 million in salary, plus the $1 million bonus to opt out of the $50 million.Simply cutting him would cost us the $13+ mil. There has been some discussion about a three-year deal that could spread the accelerated bonus money farther and open up some cap this year, maybe even cutting Mac9's cap hit to somewhere in the neighborhood of $14 mil.
<div class='quotetop'>QUOTE (HandZ21 @ Feb 19 2006, 05:41 PM) <{POST_SNAPBACK}></div><div class='quotemain'>They shouldn't let him go, sign him to a 1 year deal. The draft Young, McNair mentors him and we are all happy. </div>^^^ word to that, that is what they should plan on doing.
Well, he's not a FA and there's only one year left on his current deal. If they end up drafting a new deal, then it will be a multi-year deal. So if he's back for only one more year, it will be on his existing deal. The only discussion regarding him playing in only 2006 is if he will take a paycut. The FO is wanting him to cut down to about $4-5 million, but they are prepared to pay him the full $9mil if they have to. That's what it looks like will happen right now, unless they can work out a three-year deal like I mentioned earlier.
