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I said the same thing earlier. It's not the draft picks, it's the money he's going to command. I am really doubtful that we can sign Bailey and re-up Tait, Woods, Dunn, Hicks, and Bartee, although the last 2 can walk as far as I am concerned.
At this point, I would rather keep Tait, Woods and Dunn, and sign either Taylor or Vincent than give away 2 picks and all of our cap space. My opinion changes though if Bailey wouldn't want to stick it to us cap wise. That being said, I doubt the Redskins will pick our offer over the 4 or 5 other teams interested in Champ Bailey. As you said, the value of our picks aren't that good.
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