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Source: No decision on Cousins tag yet

Washington Redskins v Philadelphia Eagles Getty Images

When the same media outlet that reported talks between Washington and quarterback Kirk Cousins had broken off when in fact they hadn’t (and indeed they hadn’t) reported that Washington would use the franchise or transition tag on Cousins, I was immediately skeptical (with all due respect).

Per a source with knowledge of the situation, Washington has not made a decision on whether to tag Cousins. The source added that the current plan is to not use the franchise tag.

The franchise tag is impractical because the franchise tag would set Cousins’ value on a long-term deal. For Cousins, it would mean a starting point of $20 million for 2016 and a 20-percent raise ($24 million) for 2017. The alternative would be for Cousins to make $20 million for one year and then hit the market again — something he should jump at the chance to do.

The fact that Cousins would be crazy not to immediately sign the franchise tag shows how crazy it would be for Washington to apply it. Ian Rapoport of NFL Media has reported in the wake of the ESPN report of an inevitable tagging that the team is keeping all options open, including tagging Cousins and trading him. Unless someone else views Cousins as a $20 million per year quarterback (or is willing to pay him $20 million for one season), that won’t happen, either.

As to the transition tag, it could be in the range of $18 million per year. Again, the tag will drive the value of the long-term deal, and $18 million in 2016 plus a 20-percent raise in 2017 ($21.6 million) lays the foundation for a deal that Cousins has yet to fairly earn.

So Washington needs to let the market set Cousins’ value, whatever the market may be. And there’s surely no team crazy enough to offer a long-term deal at or above what it would cost Washington to do a long-term deal with either the franchise tag or transition tag as the starting point.

The real question is why someone would leak to ESPN that Washington will do something it hasn’t decided to do — any likely will never do? It’s not impossible that the team leaked the information in order to scare away other teams that would be inclined to engage in real negotiations with his agent during the Scouting Combine. With most teams currently assuming that Cousins won’t leave Washington, most teams won’t be inclined to waste time cobbling together a long-term offer that Washington likely would match. Not until the perception that Cousins is staying put changes will teams get serious about trying to grab Cousins.

By leaking that the tag is coming, the perception that Cousins isn’t leaving will linger through the end of the Combine, buying Washington more time to figure out what to do with Cousins.

The one wild card to keep in mind throughout this process is owner Daniel Snyder. With the team on the brink of cutting loose the fallen franchise quarterback for whom Washington gave up three first-round picks and a second-round pick, Snyder may want to be certain that there’s no way the fortuitous fourth-round roll-of-the-dice from that same draft gets away — regardless of whether logic or common sense lines up squarely against using either the franchise tag or the transition tag on Kirk Cousins.

Either way, no decisions have been made to use either tag. And it would be a shock if either tag is used.

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10 Responses to “Source: No decision on Cousins tag yet”
  1. floratiotime says: Feb 26, 2016 2:34 PM

    The perfect storm. With the NFC East completely in the dumpster one of the scrubs had to be the winner. That doesn’t make him good. But hey … let’s have a nice cap-killer deal please.

  2. myopinionisrighterthanyours says: Feb 26, 2016 2:44 PM

    As I posted on the first Kirk Cousins story …

    Put another notch in the ESPN accuracy belt.

  3. steelerben says: Feb 26, 2016 2:53 PM

    Breaking the bank for Cousins seems a little insane. Sure, he had some pretty good games last season. But he started the season pretty much the same way that he played the previous ones. Losses on the road time and again, interceptions at an alarming rate, and general ineffectiveness. He did turn it around in the second half of the season, and showed some real promise, but not $20 million a year worth.

    The franchise is just starting to crawl out from under the deal for a quarterback that didn’t pan out at all and put together a team that can string together some wins. This hardly seems like the ideal time to tie yourself to a contract that eats up a ton of cap space for a guy that may or may not be able to remain “the guy” for the next five years.

  4. km2266 says: Feb 26, 2016 3:13 PM

    1) Washington applies the franchise tag
    2) Eagles sign Cousins to a deal that Washington will not match
    3) After the 2016 season, the Eagles offer to trade Cousins back to the Redskins for one of the two first round choices that they lost when overpaying for Cousins

  5. brenenostler says: Feb 26, 2016 3:22 PM

    Why not just offer Brock Osweiler $14 million a year?

  6. intrafinesse says: Feb 26, 2016 3:42 PM

    Tagging Cousins = Red Skins defeat

    1 – if he has a so-so year, meaning last year was an aberation, just like Nick Foles was, then the team has over spent

    2 – if he has a good year, and shows he’s for real – he has tremendous leverage and can demand a kings ransom

    The team is better off reaching some king of longer term deal with him, with incentives , to protect him if he plays well.

    If his agent really wants 20MM/year for several years, then I guess I’d tag him, and see how he does this next year.

  7. amaf21 says: Feb 26, 2016 4:03 PM

    How’s the Huskies salary cap situation going to be if they tag him?

  8. india2015crisissim says: Feb 26, 2016 4:19 PM

    Looks like you got it all figured out Florio

  9. babyteal1 says: Feb 26, 2016 4:28 PM

    The only shock is that Florio didn’t say Redskins…other than that he will be tagged you clown. You think they are going to let him hit free agency?? Your dumber than you look.

  10. rcali says: Feb 26, 2016 6:44 PM

    Redskins have some players and maybe Cousins, with a full season under his belt, is in the drivers seat. Can’t wait for their London game. Some political dorks there already losing their mind over a mascot. Let me remind you that these are the same people that wear white wigs to work.

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