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We don’t know if the sourced reports are fully accurate that the Denver Broncos have offered free-agent-to-be quarterback Brock Osweiler a three-year contact that is worth more than $45 million.
But hold your shock, surprise and indignation as the figures in the reports – the first of which was posted Saturday afternoon by Mike Klis on 9News.com – certainly add up and fall in line given the current quarterback market in the NFL.
Even at a flat $15 mil average for Osweiler – who just completed his four-year, $3.52 million rookie deal – that would rank 20th among NFL quarterbacks, according to spotrac.com, and ahead of only the Rams’ Nick Foles ($12.3 million average), the Texans’ Brian Hoyer ($5.3 million) and the Browns’ Josh McCown ($4.7 million) among non-free agent 2015 starting QBs not playing on their rookie contracts.
And that’s ranking Andrew Luck among the QBs on rookie deals – even though he’s scheduled to play on a one-year, $16.2 million fifth-year option this coming season and likely will be offered the most lucrative QB contract in league history this offseason.
That’s also, of course, taking Peyton Manning’s two-year, $34 million deal out of the equation, assuming he’s waived or retires this offseason.
Yeah, Osweiler only has made seven career starts after sitting behind the future first-ballot Hall of Famer for most of four seasons, but the signings of still largely-unproven QBs such as Kirk Cousins ($19.9 million franchise tag), Ryan Tannehill ($19.3 million average) and Sam Bradford ($17.5 million) have set the bar high.
So the 21st highest average – putting Luck ahead with his expected deal – among starting QBs sounds about right given today’s over-priced NFL QB market.
Now all we have to wait and see if the reported deal comes to fruition, and the Orange & Blue retain Osweiler, or if he tests the market and the Broncos are forced to try to match another higher offer.
It says here that Osweiler accepts the Broncos’ offer and takes over the reins of the defending champs — perhaps even before the free-agency signing period begins next Wednesday.