The Redskins quickly confirmed the quarterback's signing, and Daniel Jeremiah of NFL.com and NFL Network reported, according to sources, that the standard four-year deal is worth $2.57 million, which is consistent with Cousins' draft slot (seventh pick in the fourth round). The slot also calls for a signing bonus of $472,688.
A three-year starter at Michigan State, Cousins is the Spartans' all-time leader in completions (723), passing yards (9,131) and passing touchdowns (66) and was expected to be a second- or third-round pick in the 2012 NFL Draft. With Cousins lasting until Day 3, the Redskins raised eyebrows when they used the 102nd overall pick in the draft on a quarterback after previously swapping first-round picks and sending a 2012 second-round pick and two future first-round picks to the St. Louis Rams to move up four spots to select Baylor quarterback Robert Griffin III with the No. 2 overall pick. Griffin already has been named the starter by Redskins coach Mike Shanahan, so Cousins will compete with veteran Rex Grossman for the No. 2 job this summer.