why no extension?

[Mc2guy]

If Favre retires, we'll probably be paying him a lot more than if otherwise, and he knows this, which is why he's not in a rush. Plus, ShanAllen is thinking that we'll let him show that he's got the offense down in weeks 1-3, and then sign him, which is why the skins aren't in a rush. Both parties stand to gain from waiting until October.

I predict a 4-5 year deal in the $7-9M/year range with a ~$20M bonus.

If he bones in the first few games, his price goes down and we may decide to let him walk next year. Either way, waiting is to the Skins overall advantage