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According to NFL Networks Ian Rapoport, the Denver Broncos and Washington Redskins are nearing a deal that would send quarterback Case Keenum to Washington. No compensation has been officially reported as of yet.
Sources: The #Redskins and #Broncos are working a trade for QB Case Keenum to land in Washington. Issues to work out, but both sides are motivated to make this happen.
— Ian Rapoport (@RapSheet) March 7, 2019
More on this as it develops.
Update:
9NEWS Denver’s Mike Klis is reporting that the Broncos will get a 2020 6th round pick in return for Keenum and will send Keenum and a 2020 7th round selection back to Washington. Klis also gives an update on the contract restructure Keenum agreed too and the cap implications for the Broncos.
Broncos have trade parameters with Washington for QB Case Keenum: Broncos get WAS 6th in 2020, WAS gets Broncos 7th in '20, per source. Keenum's contract reworked. Broncos pay him $500K restructure bonus and pay $3.5 million of his $7M salary. Washington pays $3.5 mi. #9sports
— Mike Klis (@MikeKlis) March 7, 2019
So Keenum gets bump from $7 million to $7.5 million. Broncos save $3 million of $7 million guarantee they owed him, plus move up a round. Washington gets experienced starting QB to compete with Colt McCoy for QB job. Deal official Wednesday. #9sports
— Mike Klis (@MikeKlis) March 7, 2019
We will continue to update this as more comes out.