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What would a Kirk Cousins contract extension look like?

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What would a Kirk Cousins contract extension look like?

The Redskins have won two of their last three games, with quarterback Kirk Cousins playing a major part in the two wins. Cousins is a free agent at the end of the season and talk is starting to turn towards the possibility of the Redskins and the quarterback beginning discussions on a new deal.

According to reports, no talks have started between the Redskins and Mike McCartney, Cousins' agent. Jay Gruden said yesterday that Cousins "is a guy we'd like to keep around."

Cousins’ signed the standard four-year rookie deal after he was drafted in 2012. This year he is making the fourth-year veteran minimum salary of $660,000 this season. That’s great money for most of America but it’s not much for a starting NFL quarterback.

What would a Cousins extension look like? With seven games left in this, his first season the full-time starter, there are still a lot of variables. But barring either a total collapse or a Cousins-led run deep into the playoffs, we have a comparable deal that we can look at to get an idea.

Nick Foles, also drafted in 2012, recently got a contract extension from his current team, the Rams. He was traded from the Eagles to the Rams this past offseason. In Philadelphia Foles had one very good year as a starter. In 2013 he started 10 games, threw 27 touchdowns and just two interceptions, and posted an impressive passer rating of 119.2. That performance earned him a Pro Bowl selection.

He came back to earth in 2014, missing half the season with injuries and posting 13 touchdowns to 10 interceptions and a passer rating of 81.4.

Despite those pedestrian numbers, the Rams made the trade and got to work signing him to an extension. They agreed on a two-year extension that put a little more cash in his pocket this year (the last season of his rookie deal) and put him under contract through 2017. The two-year extension is worth $24.5 million with $13.7 million of that guaranteed. He can also earn up to $4.5 million in incentives and the last year of his contract can be voided by meeting performance benchmarks.

Foles’ deal also is fairly painless for the Rams to get out of after 2016 since all of the guaranteed money will have been paid out. That is relevant now because he has been benched, although Jeff Fisher said that Foles will return as the starter at some point.

There is a key difference between Foles’ situation prior to this season and the one the Redskins have with Cousins now. Foles had a year left on his contract so the Rams were giving him his payday early. That perhaps led to something of a hometown discount for the Rams.

At most, the Redskins will be buying out less than two months of free agency for Cousins and probably less than that. Between that factor and the fact that the salary cap will grow by some $10 million per team this year could push Cousins’ deal somewhat north of $12 million per year.

I don’t see it going too much higher than that, however, barring a tremendous run by Cousins and the Redskins over the last seven games. There has been speculation that Cousins could end up in the $17 million per year range, perhaps higher. But you won’t find any one-year starters who are making that kind of money. Quarterbacks with contracts averaging from $17-$18 million per year are the likes of Peyton Manning, Alex Smith, Matt Stafford, Tony Romo and Jay Cutler. That’s too high for Cousins, who will have 25 career starts under his belt at the end of the season.

The market is likely to force Cousins to take less per season than most starting quarterbacks will make (a deal averaging $12 million per year would rank 21st among quarterbacks) but he won’t sign a long-term deal at that price. And he will want some incentives and escalators in case he does outperform the contract.

Putting all of that together, we’re looking at something in the neighborhood of three years in the $35-$40 million range with about $15 million guaranteed. Throw in the possibility of adding a couple of million per year in incentives and make the third year void if Cousins plays well and you have the outlines of a deal.

Some of you who are not sold on Cousins as the answer for the future might think that $40 million is an outrageous amount of money to pay him. But quarterbacks are expensive and they are expensive because of simple economics—the demand exceeds the supply. If you don’t pay Cousins, the question becomes who do you pay? There is not a tree somewhere that a team can go to and grab a quarterback who can post a perfect passer rating in a game or lead three fourth-quarter comebacks in a four-game span including one from 24 points down.

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Need to Know: The Redskins week that was—Roster competition, Brown vs. Pryor

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Need to Know: The Redskins week that was—Roster competition, Brown vs. Pryor

Here is what you need to know on this Saturday, June 23, 33 days before the Washington Redskins start training camp.  

The Redskins week that was

A look at some of the most popular posts and hottest topics of the week on Real Redskins  and NBC Sports Washington.

Post-minicamp Redskins 53-man roster projection—Defense—NFL coaches and others like to tell you that competition determines who wins roster spots in the league. And that may be true to an extent. But many roster spots are predetermined by a player’s contract situation and/or draft status. It is unlikely that an undrafted player like Fish Smithson will win a roster spot over Troy Apke even if the former outperforms the latter in every way during training camp. Apke was a fourth-round pick and they aren’t going to give up on him in favor of an undrafted player. It would cost $3.2 million in dead cap to cut Stacy McGee and only $150,000 to move on from Ziggy Hood so McGee will win a “competition” that is even remotely close. (Offensive projection here)

Redskins will 'have it out' for Terrelle Pryor at training camp—While this is something that could add a little spice to the Jets’ visit to Richmond, don’t look for much of anything to happen. Zach Brown might give a little extra shove to Pryor here and there but he’s not going to do anything that will draw blood or even cause a deep bruise. If nothing else, a big hit on Pryor would invite retaliation by the Jets on Josh Doctson or Paul Richardson. And that might lead to more retaliation and you end up with a brawl like the Redskins and Texans had a couple of years ago.

Trent Williams very much of approves of Smith and Guice—Williams is going into his ninth NFL season and he has yet to be on the winning side of a playoff game. He thinks that Alex Smith and Derrius Guice can help change that. 

The curious case of Alex Smith and the NFL Top 100 list—I normally greet this list with a big yawn and this year was no exception. But I do find the omission of Smith, who led the NFL in passer rating and was third in adjusted net yards per attempt, odd. In an update to this post, the NFL released the names of the top 10 players and Smith is not on it. He shouldn’t be, but he should be somewhere on the 100, perhaps in the middle of the pack. The only Redskins player to appear on the list was Trent Williams at No. 57.

The Redskins' best players who are 25 or younger—It’s likely that nine players who are 25 or younger will line up as starters for the Redskins this year. I don’t have a rundown of how that compares to the rest of the league but it’s notable that in the last two years six of them have replaced players who were either approaching age 30 or over it. I’ll engage in some speculation here and say that five of the young players—Daron Payne, Derrius Guice, Preston Smith, Jonathan Allen, and Montae Nicholson—are good enough to potentially make a Pro Bowl at some point in their careers. 

Stay up to date on the Redskins. Rich Tandler covers the team 365 days a year. Like his Facebook page, Facebook.com/TandlerNBCSand follow him on Twitter  @TandlerNBCSand on Instagram @RichTandler

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Timeline 

Former Redskins defensive tackle Dave Butz was born on this date in 1950. 

Days until:

—Training camp starts (7/26) 33
—Preseason opener @ Patriots (8/9) 47
—Roster cut to 53 (9/1) 70

The Redskins last played a game 174 days ago. They will open the 2018 NFL season at the Cardinals in 78 days. 

In case you missed it

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Redskins schedule preview: Week 16 vs. Titans

Redskins schedule preview: Week 16 vs. Titans

We’re previewing every game of the 2018 season with a look forward and a look back. Up today, it’s the game against the Titans. 

Week 16 December 22 or 23, Nissan Stadium (the date of the game will be determined no later than Week 8 in early November)

2017 Titans: 9-7, Second in AFC South, lost in the divisional round 

Projected 2018 wins per Westgate SuperBook: 8

Early line: Redskins +5.5

Key additions: CB Malcolm Butler, DT Bennie Logan, RB Dion Lewis

Key losses: DT Sylvester Williams, RB DeMarco Murray

Biggest questions: 

  • QB Marcus Mariota improved from his rookie year and had a solid 2016. But he regressed last season. In which direction is his career headed?
  • After head coach Mike Mularkey took the Titans to the second round of the playoffs he was summarily fired. Will they regret making to switch to Mike Vrabel?

Series history

The all-time series between the two teams is tied a 6-6; the teams split six games when the franchise was the Houston Oilers and they have gong 3-3 since the move to Tennessee. 

Series notables

The first time: October 10, 1971, RFK Stadium—The Redskins offense didn’t score a touchdown but that often didn’t matter when George Allen was the head coach as they still won 22-13. Washington’s scoring came on five Curt Knight field goals and on an 18-yard interception return by defensive end Ron McDole. That touchdown came on one of five takeaways by the Redskins defense. 

The last time: October 19, 2014, FedEx Field—Quarterback Kirk Cousins was struggling in the first half, losing a fumble and throwing a head-scratching interception. With the Redskins trailing the 2-4 Titans 10-6, Jay Gruden decided it was time for a change and Colt McCoy came in to play QB in the second half. 

Things clicked immediately as McCoy threw a short pass to Pierre Garçon, who turned upfield and rolled in for a 70-yard touchdown. It was back and forth in the second half and the Redskins were trailing 17-16 when they got the ball on their own 20 with 3:14 to play. McCoy led a 10-play drive that consumed all of the remaining time and culminated in a 22-yard Kai Forbath field goal to win it 19-17. 

The best time: November 3, 1991, RFK Stadium—To win nine straight NFL games to start out a season, you need solid blocking, accurate passing, hard-hitting tackling, inspired play calling, crisp execution and, as was the case today, a little bit of luck. Chip Lohmiller kicked a 41-yard field goal for Washington to give the Redskins a 16-13 overtime win over Houston. Darrell Green’s interception at the Houston 33 set up the kick. All of that, however, would not have happened if not for Oiler placekicker Ian Howfield. 

After Houston tied the game on a one-yard run by Lorenzo White with 1:42 left in the game, Brian Mitchell fumbled the ensuing kickoff, giving the Oilers prime field position. Howfield came in for a 33-yard field goal attempt with one second left. It appeared that the winning streak would end at eight. “You don’t exactly give up, but you’re not far from it,” said Andre Collins. 

The snap was perfect as was the hold, but Howfield’s kick was wide right. 

On Houston’s second offensive play of overtime, Oiler quarterback Warren Moon got bumped as he threw an out pass and Green picked it off. Three Ernest Byner runs preceded Lohmiller’s game-ending kick. 

The worst time: October 30, 1988, Astrodome—Washington entered the contest riding a three-game winning streak and appeared to be rounding into form to defend their Super Bowl title. Warren Moon threw three touchdown passes to Drew Hill, however, and the Redskins took a 41-17 whipping that wasn’t even as close as the final score would indicate.

Redskins schedule series

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