DENVER -- The agent for Washington Redskins cornerback Champ Bailey says he has had "substantive discussions" on a new
contract that would bring Bailey to the Denver Broncos and is awaiting a written proposal from the team.
The proposed trade would send Bailey and Washington's
second-round draft choice to the Broncos in exchange for running
back Clinton Portis.
Bailey visited Denver on Wednesday along with his wife, Hanady,
and agent Jack Reale.
"We had some substantive discussions," Reale said. "The devil
is in the details on these kinds of things. This deal, especially,
would require addressing a lot of technical issues because of the
rules of the salary cap. Both sides are working to be as creative
"We're quite far along, but I hesitate to say how far until I
actually see something in writing from the Broncos. But our
discussions have progressed considerably, and I think we are all on
the same page."
The Broncos have declined to comment on the negotiations.
Bailey, a four-time Pro Bowler, was welcomed by Broncos coach
Mike Shanahan, position coach David Gibbs, team captain Rod Smith
and tackle George Foster, a former teammate at Georgia.
The deal would amount to a swap of Pro Bowl players who are
unhappy with their contract situations.
The Redskins offered Bailey a nine-year, $55 million deal before
last season, but he rejected it because it was back-loaded. Last
week, the Redskins placed a franchise tag on Bailey to prevent him
from hitting the open market next week.
Portis has two years remaining on the contract he signed as a
second-round draft pick in 2002. Displeased with the $300,000 he
made last season, he has hinted he might be a holdout when training
camp starts unless the Broncos rework his deal.
Because Portis is still under contract, Redskins director of
player personnel Vinny Cerrato said the team does not need to have
a new contract in place with Portis before they complete the trade.
Bailey's contract with Denver remains the lone obstacle to the
The Redskins have had trade talks with several NFL teams about
Bailey, and Reale said Thursday that contract discussions "have
progressed with another team as well." He would not identify that