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Need to Know: Redskins may have to wait to extend Reed after tagging Cousins

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Need to Know: Redskins may have to wait to extend Reed after tagging Cousins

Here is what you need to know on this Wednesday, March 2, seven days before the start of NFL free agency.

Cousins tag will make Reed extension harder to get done

Technically, the Redskins are over the NFL salary cap after officially placing the franchise tag on quarterback Kirk Cousins. The quarterback tag cap charge puts them over by $6.55 million.

It’s all perfectly legal; they will be in the good graces of Rodger Goodell and John Mara by the time the league years starts on March 9. But Cousins’ cap hit of $19.95 million, or 12.8 percent of the salary cap, will make it difficult to make some moves in free agency and make it hard to hold on to some players the team may want to keep.

One current player who is not a free agent who might be in line for a new contract is tight end Jordan Reed. He helped make Cousins that $20 million this year by leading the team in receptions, receiving yards, and touchdown receptions in 2015. Reed is in the last year of his rookie contract and will make $1.6 million in 2016.

The team would like to sign him to an extension but that is something that will have to go on the back burner while they attend to some more immediate business.

This doesn’t mean that an extension for Reed can’t get done at some point before the season starts. But it probably means that Cousins will have to get an extension first.

The Redskins and Cousins will continue to negotiate a deal that would supersede the franchise tag contract. Usually such deals have a relative low first-year cap hit. That could create room for the Redskins to squeeze in an extension for Reed.

Here is how it could play out. The Redskins go into the summer with a few million dollars of cap room, just enough to get through the season accounting for players on injured reserve and paying practice squad players. Cousins and the Redskins negotiate right up until the July 15 deadline and come up with a five-year deal that averages $18 million per year. Since the salary cap is going to rise over the course of the contract it is structure to have a relatively low first-year cap hit of $14 million.

That takes $6 million off of the cap. In mid July there are no free agents worth pursuing so the best thing to do is use it to take care of their own. They would start serious negotiations with Reed’s agent and just before the regular season they sign him to a four-year extension worth about $10 million per year, using some of that recently created $6 million to help pay for it.

It will be important for the Redskins at least to get either Cousins or Reed to agree to a long-term deal. They don’t want to get into a situation in 2017 where both Cousins and Reed are free agents. They would only be able to franchise tag one of them and the two players need each other to be successful.

Timeline

—The Redskins last played a game 52 days ago. It will be about 193 days until they play another one.

Days until: NFL free agency starts 7; Redskins offseason workouts start 47; 2016 NFL draft 57

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Need to Know: Washington Redskins free agency needs—Offense

Need to Know: Washington Redskins free agency needs—Offense

Here is what you need to know on this Thursday, February 23, 14 days before the March 9 start of NFL free agency.  

Timeline

Days until:

—NFL Franchise tag deadline (3/1) 6
—NFL Combine (3/2) 7
—Redskins offseason workouts start (4/17) 53
—NFL Draft (4/27) 63
—First Sunday of 2017 season (9/10) 199

Free agent moves—Offense

Free agency starts two weeks from today. The Redskins have plenty of needs, both big and small. Let’s take a look around and see what offensive positions they might be looking to bolster when things get going. I’ll follow up with the defense in the next few days.

Quarterback—It could be a yawner at this position or there could be plenty of drama. If Kirk Cousins gets franchise tagged or defies current expectations and signs a long-term deal, the depth chart will remain the same. If he is gone via a trade, things could be shaken up. While they may draft a QB in late April they could go for a mid-priced veteran as insurance.

RELATED: NFL Mock Draft Version 3.0

Running back—The Redskins have a depth chart loaded with young, unproven talent at this position. If they want a veteran presence in the meeting room they could look at someone like Robert Turbin (McCloughan had a hand in drafting him in Seattle in 2012) or maybe Knile Davis.

Wide receiver—Things will get very interesting if the word on the street comes to pass and both Pierre Garçon and DeSean Jackson are gone. They have a presumably healthy Josh Doctson in line to replace one but they would need a veteran. Maybe Kenny Stills or Kenny Britt, both young and productive, could be under consideration. If one of the veterans stays they likely will get depth in the draft.

More Redskins: #RedskinsTalk podcast: Is Kirk too nice for his own good?

Tight end—Vernon Davis seems likely to be back. If he’s not, the Redskins probably would rather have an alternative to Niles Paul as Jordan Reed’s primary backup. The probably won’t swim in the deep end of the pool with Martellus Bennett and Jared Cook. But maybe they will look at Jermaine Gresham, who made the Pro Bowl twice in Cincinnati while Jay Gruden was the Bengals’ offensive coordinator.

Offensive line—Yesterday, JP and I discussed what they might do at left guard if they want to upgrade from Shawn Lauvao. Perhaps they could go for Kevin Zeitler, another Bengal who played under Gruden. But he will command a contract in the $8-$10 million range and with Brandon Scherff coming up for an extension next year that might be too much to spend at the guard position. Look for the Redskins to take an eventual Lauvao replacement in the draft.

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Stay up to date on the Redskins. Rich Tandler covers the team 365 days a year. Like his Facebook page Facebook.com/TandlerCSN and follow him on Twitter @Rich_TandlerCSN.

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If Redskins trade Kirk Cousins to 49ers, 5 prospects to consider with No. 2 pick

If Redskins trade Kirk Cousins to 49ers, 5 prospects to consider with No. 2 pick

It still seems like a long-shot the Redskins trade Kirk Cousins, but if there is one persistent rumor, it's that the San Francisco 49ers want the Washington passer. The story is too familiar at this point: New Niners coach Kyle Shanahan was in D.C. when Cousins was drafted and wants the quarterback to come run his offense in San Francisco. With the second overall pick, the 49ers have a tremendous asset they can dangle in trade talks.

<<<CLICK HERE TO SEE 5 PROSPECTS FOR THE REDSKINS AT NO. 2 PICK>>>

Whether or not any of this rumor is true, it sure makes for engrossing speculation. With the NFL Draft Combine next week in Indianapolis, NFL Network analyst Daniel Jeremiah said he wouldn't be shocked to see the trade go down.

That's the backdrop. Beyond the debate of the merits of trading an established QB like Cousins, which is a very serious debate, there's also the notion of what player the 'Skins would select with the second overall pick.  

MORE REDSKINS: 2017 top heavy Cap could be a problem

It's worth examining the impact players available to Washington with the second selection in the 2017 NFL Draft, and the options are varied, including perhaps a new QB. Check it out. 

<<<LOOKING AT REDSKINS DRAFT PROSPECTS>>>

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