Friday, April 30, 2010
Talking about Kolb's new money
By Dan Graziano
Thanks for your patience while I took a couple days off this week. Our talented blog editors and Scouts Inc. savant Matt Williamson made sure the Beast didn't miss a beat.
I'm sure most of you heard that quarterback Kevin Kolb and the Philadelphia Eagles agreed to a 1-year contract extension Thursday worth a guaranteed $12.26 million. The NFC East blog learned the signing bonus was $10.7 million. That's a lot of money for a player who's started two games in the league, but the Eagles obviously believe Kolb's the future of the organization and wanted to provide him with some financial security.
So why the short extension? Well, because of the expiring collective bargaining agreement, the Eagles were restricted by a rule that limits annual raises in base salary to 30 percent. As long as Kolb performs reasonably well in 2010, he'll likely receive a longer contract extension once a new collective bargaining agreement is reached. Here's a full explanation from the Daily News.
Kolb's aware the Donovan McNabb trade has been criticized in some precincts, but he doesn't think the move will slow the organization's progress.
"I'm not trying to prove anybody wrong, I'm trying to prove this organization right for making this move," said Kolb during a news conference Thursday. "I know there are a lot of expectations. When you get an extension and you get the starting quarterback position, regardless of where you're at, there's a lot of pressure and responsibility."
Kolb checked in with the Beast via text Thursday evening and we'll try to catch up with him for a few questions either today or Saturday.