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Originally Posted by Pastabelly
From a financial standpoint, the Coles-for-Moss trade was a catastrophe for the Redskins. In parting with Coles, whom Dan Snyder had lured from New York in 2003 with a huge restricted free agent offer sheet, the Redskins had to accept a $9 million hit on their 2005 salary cap. Then, to secure Moss for beyond this season -- since he was entering the final year of his original rookie contract -- Washington had to sign the former University of Miami star to a pricey extension worth $31 million and including an $11 million signing bonus.
But as disastrous as the trade was on the salary cap, it has been delightful on the field.
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He had to go negative somewhere.. I don't see how the trade was a
catastrophe and
disastrous are the Redskins bankrupt? Arguably we couldn't sign Smoot and/or Pierce because of that trade, but has it really affected the defense? Imagine Moss's price tag if we HADN'T given him the extension before this breakout season, of course then we would be ripped for not locking him up sooner.