Donovan McNabb and the Philadelphia Eagles have agreed to restructure the final two years of his contract.
The five-time Pro Bowl was due to make $9.2 million this season and $10 million next season. The team announced the agreement on Thursday night but terms weren't immediately known. The Eagles said McNabb and head coach Andy Reid would be available on Friday morning at the team's training facility.
McNabb, who is entering his 11th season with the Eagles, had been seeking a contract extension. Instead, he'll get a raise.
In 2002, McNabb signed a $115 million, 12-year contract extension through the 2013 season. But the last three years of that contract were voided when he reached incentive clauses.
McNabb is the franchise's all-time leader in several categories, including passing yards (29,320) and touchdown passes (194). He also has led the team to the playoffs seven times, best in team history.
"Donovan has played a large part of this team's success over the last 10 years," Eagles chairman Jeffrey Lurie said. "He has been a professional in every sense of the word."
"We are thrilled that this all worked out," team president Joe Banner said. "He is a great football player, a great person, and someone who gives back to the community. We are lucky to have him in Philadelphia."