Broncos trading Keenum to Redskins
The Denver Broncos have agreed to trade quarterback Case Keenum to the Washington Redskins, sources confirmed to ESPN's Adam Schefter on Thursday.
In exchange, the Broncos will get a sixth-round pick in the 2020 draft from the Redskins. Washington will also get a 2020 seventh-rounder from Denver.
The 31-year-old Keenum, who was currently slated to count $21 million against the Broncos' salary cap for the 2019 season, has reworked his contract and will be on a one-year deal with the Redskins, sources told Schefter.
Keenum has a base salary of $18 million this season, but only $7 million was guaranteed in the way of offsets, which the Redskins and Broncos decided to split evenly, sources told Schefter. The Broncos, who would've carried $10 million in "dead money" had they cut Keenum, will instead save $3 million by paying only $3.5 million as well as a $500,000 restructuring bonus.
http://www.espn.com/nfl/story/_/id/26174723/sources-broncos-trading-keenum-redskins
The Denver Broncos have agreed to trade quarterback Case Keenum to the Washington Redskins, sources confirmed to ESPN's Adam Schefter on Thursday.
In exchange, the Broncos will get a sixth-round pick in the 2020 draft from the Redskins. Washington will also get a 2020 seventh-rounder from Denver.
The 31-year-old Keenum, who was currently slated to count $21 million against the Broncos' salary cap for the 2019 season, has reworked his contract and will be on a one-year deal with the Redskins, sources told Schefter.
Keenum has a base salary of $18 million this season, but only $7 million was guaranteed in the way of offsets, which the Redskins and Broncos decided to split evenly, sources told Schefter. The Broncos, who would've carried $10 million in "dead money" had they cut Keenum, will instead save $3 million by paying only $3.5 million as well as a $500,000 restructuring bonus.
http://www.espn.com/nfl/story/_/id/26174723/sources-broncos-trading-keenum-redskins
