Kirk Cousins's Value Is Dropping

Do you believe anything Bruce Allen says?  Good.  This is a quasi rhetorical question but I had to ask it in order for you to be in the right frame of mind to buy into my premise, which is that the teams trading up to take rookie quarterbacks in the first round in the NFL Draft have harmed Kirk Cousins's market value.  It may sound crazy, but ask yourself that question again.  Do you believe anything Bruce Allen says?  Do you believe him when he told JP Finley almost a month ago that the trade rumors surrounding Cousins were false?  One look at that one minute interview gives you an uneasy feeling about Allen's stance on Cousins's contract situation.  So it is not far fetched to think that the rumors stating that the Redskins were talking to the Browns about trading Kirk Cousins held some shred of truth.  It is also likely that, despite Allen's vehement denials, the Redskins may have thrown some lines out to other teams before the Draft to see if they would bite on a trade for Cousins.  If you believe these statements then Cousins and his agent, at the very least, had to assume that the Redskins were looking for trades as well.  If that is the case then Mike McCartney may need to rethink how to approach the calculation Cousin's market value based on the trades that happened in the First Round of the Draft.

The trades the Bears and Texans made to move up in the draft to select rookie quarterbacks have indirectly harmed Kirk Cousins's market value.  Let's assume that the Redskins at least talked to the Texans and Bears about a possible trade for Kirk Cousins before the Draft (remember: Do you believe anything Bruce Allen says?).  The Bears and Texans had ample resources and equally crappy quarterback situations that the Redskins probably exploited in the form of trade talks for Kirk Cousins.  If that is the case then the Texans trade for Deshaun Watson states that Cousins is not worth the 2018 first round pick that they gave up to get Watson.  Maybe the Texans didn't think that the Redskins's 17th pick would be high enough to have Watson still on the board, but it can be reasoned that the Texans were willing to trade their 2018 first round pick for Watson but not for a guy who has had back to back 4500 yard passing season in the NFL.  The Bears trade puts even more of a damper on Cousins's value.

Let's assume that the Redskins reached out to the Bears about a trade for Cousins before the Bears signed Mike Glennon (remember: Do you believe anything Bruce Allen says?).  If that is the case then the Bears trade to get Mitch Trubisky devalues Cousins market value further.  If the Bears declined a trade for Cousins then subsequently gave up only a 3rd and 4th round pick this year, plus their 3rd round next year to the 49ers for another unproven quarterback then it reinforces the notion that Cousins may not be worth giving up high drat picks on the open market.  Now, the Bears gave up those picks knowing they had Glennon on the roster, but if the Redskins offered the Bears a trade for Cousins before the Mike Glennon deal then you would have to assume that the Redskins asked for something higher than what the Bears gave up for Trubisky.  This would show, again, that another team with a questionable quarterback situation was willing to give up draft picks for an unproven rookie rather than for Kirk Cousins.  Both of these situations, if true, could make it so that Cousins may be sobered by his market value a year from now.

The Texans could have traded their 2018 first round pick for Cousins and then see where that took them.  The Bears could have traded their 2018 first round pick to get Cousins AND possibly could have still drafted Trubisky at the third pick this year.  But both teams balked at that notion.  The Redskins could have had a higher asking price in these hypothetical trade scenarios that turned off the Texans and Bears trading for Cousins, but that supports the notion that teams are unwilling to give up a lot for Cousins and are not willing to wait and see if he hits the open market.  Why pay a soon-to-be 30 year old quarterback $24 million per year with $50-60 million plus guaranteed over the next five years when, according to Jason Belzer of Forbes Magazine, the Bears will only have to pay out $29 million total for the duration of Trubisky's rookie contract?  If this is true then this may be the first blemish on Kirk Cousins's master plan.

The pervasive narrative that has surrounded the Kirk Cousins contract negotiations is that Bruce Allen has botched it from the beginning in giving Cousins two consecutive franchise tags.  This weekend's Draft, however, may be hinting that Allen is playing a long game with these tags that may end up in the Redskins favor.  Whether you believe the Redskins offered Cousins in trade to the Texans or the Bears, the fact is now there are two less suitors to help drive up the price for Cousins's services come next off season.  Couple that with one early 2018 mock draft stating that there could be four quarterbacks taken in the first round next year (and that is not counting whether or not Lamar Jackson decides to leave Louisville early), and the cap situation next year for all NFL teams and Kirk Cousins and Mike McCartney may need to have a serious talk about what the actual market value will be come the 2018 off season.  Who is going to pay a 30 year old Kirk Cousins $50-60 million plus in guarantees over 5 years when they can just draft a quarterback for a fourth of that cost?  And if there are a limited amount of teams willing to bid on Cousins's services, then why not bid low and see what happens if the team is looking to spend money elsewhere?  All of this is dependent upon what transpires through this season, but two teams have already passed on Cousins for what seem to be statistically inferior alternatives.  What will happen next year when the rookie talent pool is bigger, better, and the free agent market is a little more flush with talent?  Cousins could be staring down the grim reality that Allen may have manipulated his contract situation through the use of the franchise tags in a way that made him less valuable on the open market when and if he is finally allowed to hit free agency.  The question then may not be whether you believe what Bruce Allen says, it may be "Was Bruce Allen right all along about the market value of Kirk Cousins?".