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Report: Shanahan, ‘Skins strike a deal

Well, it took a little longer than 114 minutes, but the Redskins reportedly have a new coach.

Mike Klis of the Denver Post reports that the Redskins and Mike Shanahan have reached an agreement in principle that makes Shanahan the replacement for Jim Zorn.

Klis also reports that Broncos owner Pat Bowlen will save $7 million over the next two years, but that Bowlen will still pay Shanahan $3.5 million in each of the next two seasons to not coach the Broncos.

We’d previously heard that Shanahan didn’t have a 100-percent offset on his buyout; little did we realize it was only 50 percent.

Expect more details to emerge as the worst-kept secret in the NFL comes to fruition.