As usual Redskins Insider has the scoop:
7M is a lot healthier than 2M but not yet eight digits. I don't know if this influences anyone's feelings on the Smoot deal but I am ok with the 7M bonus. The 1M base guaranteed salary in 2007 is meaningless as that's "guaranteed" pretty much no matter what -- unless you sign some guy just to cut them. Or unless Smoot suffers a career ending injury between now and the season opener. Steer clear of boats.