Absent a contract before Monday at 4:00 p.m. ET, Cousins will be committed to the team for one more year at $23.94 million.
Then, come February, an interesting situation will become even more compelling, with Washington faced with the options of signing him to a long-term deal, paying him $34.47 million under the franchise tag for 2018 (144% increase) , paying him $28.7 million under the transition tag for 2018, or letting him hit the open market.
http://profootballtalk.nbcsports.com/2017/07/16/nothing-going-on-between-cousins-washington-on-eve-of-deadline/