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There are many in the media who have reservations about a deal actually getting done prior to the deadline. A failure to do so would likely make Kirk Cousins a free agent in 2018.
Washington has used the franchise tag on Cousins in back-to-back years, making a third time far too expensive for the team. Washington could still apply the transition tag in 2018 at the cost of nearly $29 million. They would then, at least, have the ability match any competing offer that Cousins receives from other clubs.
There was a report by Kevin Jones of KNBR that Snyder is still holding a grudge from when Kyle Shanahan and his father, Mike Shanahan, were in Washington and that he might rather pay Cousins than do the 49ers head coach any favors.
Jones also reported on Monday that Snyder might fear any backlash from fans should Washington let Cousins go free, unite with Shanahan, and watch the pair have success in San Francisco.
I hear Dan Snyder would rather make Kirk Cousins the highest paid QB in the NFL than lose him to Kyle Shanahan https://t.co/0bMQjr3Nle
— Kevin Jones (@Mr_KevinJones) July 3, 2017
I was told Snyder fears Redskins fans would forever turn their backs on him if Kyle/Kirk have sustained success.together in SF https://t.co/O6yDr2Vgib
— Kevin Jones (@Mr_KevinJones) July 3, 2017
Now, there has been reported interest between Shanahan and Cousins. Shanahan is very fond of his former quarterback and even compared his new quarterback, third-round draft pick C.J. Beathard out of Iowa, to Cousins immediately after the team selected him in April.
"He processes the game so well," Shanahan told Peter King of TheMMQB in the 49ers draft war room. "Tough as s---. Got a chance. He reminds me a lot of Kirk Cousins."
Cousins has also expressed his fondness for Shanahan.
"I've always been a big fan of Kyle's," Cousins said in February prior to the Super Bowl. "I've always spoken very highly of him since the day I was picked and he called me right after the draft and just preached belief in me and encouragement, has coached me hard in all my years playing for him."
In March, there was even a report by Eric Galko of the Sporting News and Optimum Scouting that, according to a source close to Kirk Cousins, the Washington quarterback has said, "I'm going to be a 49er."
What would it take for Washington to retain Cousins beyond 2017? Mike Jones of The Washington Post was recently asked that exact question. Jones wrote the following:
"The Redskins have to be prepared to pay Cousins around $58 million in guaranteed money at signing because that's equal to this year and next year's combined franchise tag figures (roughly $24 million and roughly $34 million), and around $75 million to $80 million in total guaranteed money over the life of the contract. It'd probably have to have an average annual salary of between $25 million and $27 million."
Of course, those estimates depend on Cousins wanting to remain in Washington beyond the upcoming season.
Cousins had the best season of his career in 2016, completing 67-percent of his passes for 4,917 yards and throwing 25 touchdowns compared to 12 interceptions. In 2015, he threw 29 touchdowns while completing nearly 70-percent of his passes. Cousins earned the eighth-highest overall grade among NFL quarterbacks last season from advanced statistics site Pro Football Focus.