The Redskins and St. Louis Rams have completed a trade that brings the No. 2 pick in this April's NFL Draft to Washington.
To acquire the pick, the Redskins traded the No. 6 overall pick in this year's draft, a second-round pick in this year's draft (No. 39 overall) and first-round selections in the 2013 and 2014 NFL Drafts.
Head coach Mike Shanahan and general manager Bruce Allen are clearly banking on the No. 2 pick yielding a franchise-changing player.
Last Saturday at a charity event in Washington, D.C., Allen said the team had "fallen in love with two players" in the draft.
He would not name those players, but Stanford quarterback Andrew Luck and Baylor quarterback Robert Griffin III are widely believed to be the two top prospects in the draft.
Allen acknowledged that the Redskins paid a hefty price to move up four slots in the first round of the draft.
Explained Allen: "When you bought your home, you probably wanted to pay a little less, but you like your home once you live in it."
The last time the Redskins held the No. 2 pick was in 2000. They obtained that pick as part of a 1999 draft day trade with the New Orleans Saints.
With the Saints' pick at No. 2, the Redskins selected linebacker LaVar Arrington.
The Redskins also held the No. 2 pick in 1961 when they selected quarterback Norm Snead. (Three years later Snead was traded to the Philadelphia Eagles for Sonny Jurgensen.)