Washington and wide receiver Pierre Garcon are considering a possible contract extension aimed at lowering his 2016 cap figure.
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Garcon May Re-Up in WAS Beyond 2016
Monday, March 7
Rich Tandler of Real Redskins reported there is "buzz" about an extension, though it's unclear how far negotiations have gotten. Garcon, 29, is headed into the last season of a five-year, $42.5 million deal he signed with Washington in 2012. He carries a cap hold of $10.2 million and a dead-money total of $2.2 million for 2016, so Washington could save $8 million by moving on altogether.
While he's not a $10 million player, Garcon is valuable enough to keep around. He made 72 receptions for 777 yards and six touchdowns, the latter number matching a career high. Kirk Cousins regularly used Garcon and tight end Jordan Reed as his safety valves underneath while DeSean Jackson stretched the field.
“He’s always been very detailed in his work, a total professional,” Cousins said, per Zac Boyer of the Washington Times. “He’s the kind of guy you can rely on. He pretty much is fearless with his body in terms of catching the ball in traffic. That’s the kind of guy that you love to play with and love to throw to because of the way he plays and how he helps make me right as a quarterback.”
Garcon has made at least 68 receptions in each of the last three seasons. He hasn't quite lived up to his breakout 2013 campaign, when he caught an NFL-high 113 passes, but Washington would prefer to keep its core pass-catchers together.
A smart move here would see Washington sign Garcon to a short-ish extension, aimed mostly at getting his 2016 cap down. The team could offer guarantees for 2016 and 2017—none of Garcon's $7.6 million base salary is currently guaranteed—in exchange for temporary relief. Adding superficial years to the back end of the deal would allow Washington to spread out guarantees while also allowing a chance to move on if Garcon gets too costly.
With Jackson also heading into the last year of his contract, Washington has some important decisions to make about its quietly aging receiving corps.
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