Mcnair Close To Extension

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<Jan. 23> After having preliminary talks regarding a new contract for QB Steve McNair, Titans GM Floyd Reese and agent James "Bus" Cook are expected to meet at this week's Senior Bowl in Mobile, Ala., to go over details.
"We're at a point where I think we know what they want, and they kind of know what we can do," Reese told the Nashville City Paper. "A lot of these guys [agents] will be down here this week. I'm sure we'll see each other. It's just a matter of finding time."

The 32-year-old McNair will be owed a $50 million option bonus in March, which would inflate his cap number to $28.9 million. Even if the Titans exercise a $1 million buyout clause that would prune back the contract from 2009 to 2006, McNair would still have an unmanageable cap number (around $14 million.)