|06-07-2006, 12:16 PM||#1|
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Join Date: Apr 2001
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pft:TITANS FINALLY SHIP McNAIR TO BALTIMORE
POSTED 1:25 p.m. EDT; UPDATED 1:37 p.m. EDT, June 7, 2006
TITANS FINALLY SHIP McNAIR TO BALTIMORE
Profootballtalk.com has learned that the Tennessee Titans finally have reached an agreement with the Baltimore Ravens to trade quarterback Steve McNair, NFL co-MVP in 2003.
The Ravens get McNair, and the Titans get Baltimore's fourth-round pick in 2007.
We received initial word regarding the trade from an anonymous tipster, and we confirmed it by tapping into our ever-growing network of league sources. We anticipate that, very soon, every other news organization will be running with the story, and we figure no one will mention that it was first reported right here.
But like getting ball deep in a hot bath, we're used to it.
The trade brings to a conclusion weeks of rancor between the Titans and McNair, which have included a decision by the team to bar McNair from the facility, a grievance resulting in a ruling that he can't be barred, and a looming battle regarding the team's failure to comply with the outcome of the arbitration.
At its core, the fight was about McNair's contract. The team wasn't going to pay him $9 million in salary in 2006, and McNair wasn't going to reduce his total compensation to $6 million, as the team had requested.
Instead, he'll earn $12 million this year in Baltimore, where he presumably becomes the starting quarterback, relegating former first-rounder Kyle Boller to No. 2 on the depth chart. The other quarterbacks under contract are Brian St. Pierre and Drew Olson.
Meanwhile, the Titans will carry more than $14 million in dead money this year as a result of past payments made to McNair. He'll be off of the books in 2007.
The move gives the Titans $9 million in cap room, which will allow them to sign their draft picks and either add some free agents or extend the contracts of some of their younger players.