ESPN is reporting that the Bengals have rejected an offer for Chad Johnson from the Deadskins offering this year's 1st (21st) and a conditional 3rd next year that could turn into a 1st. It also mentions that the Eagles and Cowboys have been rebuffed.
I thought the Bengals were really going to trade CJ and were saying no just to drive up trade demand. Now, I'm not so sure. The big possibility that remains is them waiting until June 1st so they can spread out the cap damage.