Last month, newly-promoted Washington Senior VP of Player Personnel Doug Williams said the franchise wants Cousins to sign a long-term deal "in the worst way".
This means that Cousins will play under the franchise tag for the second year in a row and will make over $23.9 million during the 2017 season, according to Spotrac. The 28-year-old Michigan State alumnus threw for a career-high 4,917 yards with 25 touchdowns and 12 interceptions last season and ran for another four scores.
Cousins and executives called negotiations positive, and they may go through this again next spring.
Washington will an opportunity to tag Cousins for a third season in 2018-2019 for approximately $35 million or transition tag him for about $28 million once beginning.
Washington still could work out a long-term deal after the season.
Cousins and his representatives have been unafraid of allowing Cousins to play under the franchise tag.
The Washington Redskins have put themselves in jeopardy of violating that generally unspoken part of the rule and, if indeed that happens, some other National Football League team will be the beneficiary. "Kirk has made it clear that he prefers to play on a year-to-year basis", Allens said. But they have not shown they believe he's the long term future for this team and will likely stick him with another franchise tag come the 4 p.m. deadline. The quarterback class in that draft is expected to be the strongest in recent years.
The Washington Redskins failed to sign quarterback Kirk Cousins to a long-term deal, setting the stage for his possible departure next offseason. Cousins earned almost $20 million playing under the franchise tag in 2016.
By the sound of it, Cousins is completely OK with the limited security the franchise tag offers.
Cousins stands in a good position to command rare dollars, thanks to this process with the Redskins that's unfolded since the 2015 season - when he was first extension-eligible. The Niners need a quarterback and Shanahan's system would create a situation for Cousins in which he seemingly could thrive. The first way is that Cousins is set up to earn a huge, long-term deal following the season.
Is Cousins good enough to compensate for the holes in the roster that may develop because they are cap strapped after paying Cousins some 14 percent of the available money every year for the next five years or so?