Earlier this offseason, reports surfaced that the Baltimore Ravens planned to trade quarterback Joe Flacco to the Denver Broncos. The deal has been agreed to in principle, but it cannot become official until March 13, the start of the new league year.

News of the trade broke only 10 days after the Super Bowl. This led many to speculate as to why the deal happened so quickly, a month before it could become official. At the time, Darren McKee told Troy Renck of Denver7 that the trade was accelerated due to strong interest from another team – the Washington Redskins.

However, on Friday, Redskins president Bruce Allen refuted that report.

Via Jordan Dajani of 247Sports:

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“We were never involved in the Flacco (deal),” said Allen. “We are looking in free agency, I don't think it's any secret that there's players that are being offered in trades from other teams, we've listened to that. We feel good where we're at. Can't tell you we know exactly who will back up Colt [McCoy] if Alex [Smith] can't go, but we have some time on that.”

This seems to indicate that the team is confident in Colt McCoy as their quarterback going forward. McCoy took over for Alex Smith after the latter suffered a brutal broken leg in September. While the timeline for Smith is uncertain at best, the team seems prepared to move forward with McCoy as their starter.

It would have been tough for Washington to take on Flacco's contract. It would have counted for approximately $26 million towards the salary cap. However, the Redskins only have about $17 million in cap space and have other holes to fill.