WASHINGTON (106.7 The Fan) -- The Washington Redskins acquired quarterback Case Keenum in a trade with the Denver Broncos, Craig Hoffman of 106.7 The Fan confirms.
Redskins get: Keenum and Denver's seventh-round pick in 2020
Broncos get: Washington's sixth-round pick in 2020
Keenum is set to earn $7 million in 2019, half of which will be paid by the Broncos. He also earns a $500,000 restructure bonus from Denver in the deal. Washington pays the remaining $3.5 million. Keenum will be a free agent in 2020.
The Broncos' motive for the move is obvious: Keenum was overstock after agreeing to acquire Joe Flacco from the Baltimore Ravens last month.
Keenum, 31, will have to compete with Colt McCoy for the Redskins starting job, according to NFL Network's Ian Rapoport, with the winner of that competition presumably keeping the seat warm for Alex Smith. Last season, Keenum completed 62.3 percent of his passes for 3,890 yards, 18 touchdowns and threw 15 interceptions. The Broncos finished 6-10.
The Redskins were heavily rumored to be interested in Arizona Cardinals QB Josh Rosen, and this deal does not take them out of the running.
"It does not mean Josh Rosen's out of play. It does not," Hoffman told 106.7 The Fan's Chad Dukes. "That, to me, was a huge deal in all of this. One of the first questions I started asking as I started to talk to people is, 'Why would you do this when Rosen's out there?'
"And the response I got back is, 'Rosen's still out there.' I think it's important from that perspective to understand the timing of this deal.
"If Kyler Murray goes and does something dumb, or gets hurt, or whatever, and all of a sudden Arizona's going, 'Oh my God. We can't take him 1,' they might hang on to Josh Rosen," he continued. "And not to mention, right now they cannot get a deal that they want.
"They do not want to do this for a third-round pick; they spent a first-rounder on him last year. And if that's all teams are offering, they're going to wait. They have all the power here."
By Chris Lingebach