That seems dangerous and cheap. They already spent 100M on him. Pennix is still an unknown.
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That's sunk cost.
He wasn't benched because they like Penix. He was benched because he sucks.
You still want a backup either way. Cousins is also getting paid either way. It seems more like anger that a controversial contract signing is ending up badly, he's still likely in the 25 to 35th best QB.
Ignore everything you already paid.
10 million for next year would be a criminal overpay for Kirk Cousins, and that's what the roster bonus they're saving is.
Interesting to see what happens next for Kirk. He's never taken below market deals before and he wasn't thrilled about moving but ended up choosing Atlanta because they have family there. Part of me thinks he might want to just hang up the cleats.
On the other hand I think he still believes in himself and might want to prove to others that he can still play. I could see it going either way