"If he's not back, not only do you not have to just replace him, but you have the financial cost of him being there," Schefter said. "And I don't mean to sound insensitive, first and foremost you want to make sure that he can recover, get healthy and go and live a happy and healthy life with a injury as serious as the one he suffered."
"When we get to just a football part of this," Schefter said, "If they're without Alex Smith they take a huge hit on the field and in the books financially."
"So it's a huge problem to overcome," Schefter said, liking Washington's current cap crunch to one the Redskins had in 2012.
"And the Redskins were put in a very tough position then, basically being handcuffed and having to overcome the loss of that cap space. And it would really be the same thing here if Alex Smith couldn't play," Schefter said. "Because you'd have to find another quarterback and you'd have to do it with that much less salary cap space."
"They were 6-3 at the time Alex Smith got hurt. And so, you know, it's easy to pile on them right now and say that they seem like they're a ways away," Schefter said.
(Schefter on Redskins begins at 13:10)