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Yeah but the massive cap hit they'd have to take to deal Chad is hard to swallow. That said it would be an awesome deal.
The best avenue is the Bengals and Johnson/Rosenhaus and agreeing to a restructuring of the contract, so that the Bengals can trade him, and then that restructuring won't matter anyways as Johnson/Rosenhaus will sign a new, big deal with the Redskins. If Chad wants out, give up the guaranteed money from Cincy and cash in in Washington. Get it done.
I find it hard to believe that with everything that has been going on with Chad and the Bengals and a team would come and offer this years 1st along with a 3rd next year that could turn into a 1st if incentives are hit that, though the cap hit, the Bengals wouldn't pull the trigger. Take the hit. Make the trade. You're team will be better off from it.