First, future Hall Of Famer Peyton Manning had to decide on his playing future. After a bit of a drawn out process, Manning decided to ride off into the sunset with his second Super Bowl ring. The next thing on the to-do list for Broncos General Manager John Elway was to re-sign his quarterback of the future, Brock Osweiler. Well after a bunch of drama and whining from Osweiler, he decided to sign with the Houston Texans and leave the Broncos without a quarterback.
Osweiler signed a four-year, $72 million dollar deal that included $37 million in guaranteed money and a $12 million dollar signing bonus. A pretty lofty contract for a guy who only had a handful of starts under his belt. It also placed a ton of pressure on Osweiler to be the "Franchise Quarterback" for the Texans.
Well, we are now six games into the 2016 NFL season and the Texans might be re-thinking their big offseason signing.
The Texans do sit atop of the AFC South with a 4-2 record, but Osweiler has been far from good this season. Through six games, Osweiler has thrown for 1,402 yards, 8 touchdowns, and 8 interceptions. He is completing only 59% of his passes and has a quarterback rating of 74.1. Not the type of performance you expect from a guy you just signed to a 72 million dollar contract.
Osweiler's recent struggles led to Denver Broncos General Manager John Elway to make an interesting comment about the deal with Osweiler that didn't go down.
Elway on Osweiler: "A lot of times those deals you don't make are the best ones" https://t.co/QMlJoB2Kig— ProFootballTalk (@ProFootballTalk) September 24, 2016
After the Texans embarrassing loss to the New England Patriots on Thursday Night Football, Elway told Dave Logan and Susie Wargin of KOA radio that "A lot of times those deals you don’t make are the best ones,".
Apparently, Elway had a "light-hearted tone" to his voice while answering this and continued on by saying he was happy with how everything fell this offseason.
"Obviously it was a tough night for Houston last night and — but things move on, You try to make the best decision when you have to make it. . . . Excluding last night, we really felt good with the way everything’s fallen, the way we went into camp, and we’re really excited with the guys who are playing the position for us now."
Elway should be happy with how everything has fallen for the Broncos since Osweiler signed with the Texans. They sent a 7th round pick to the Philidelphia Eagles for Mark Sanchez, traded up in the first-round of the 2016 NFL Draft for Paxton Lynch, and already has eventual starter Trevor Siemian on the roster. As we know, the Broncos ended up cutting Sanchez and stuck with the two younger and much cheaper options at quarterback. What's also noteworthy is that both Siemian and Lynch have put up similar numbers at a much, much cheaper price than Osweiler.
|Trevor Siemian/Paxton Lynch
So the Broncos are paying just about $10 million dollars less to their two quarterbacks who made a start this year than the Texans are paying Osweiler. To make things worse for the Texans, Trevor Siemian's and Paxton Lynch's combined stats are better than Osweiler. They have a better completion percentage, more yards, more touchdowns, and four fewer interceptions than Osweiler.
The cap space the Broncos didn't use on Osweiler they used on signing C.J. Anderson to a long-term deal, signing Russell Okung and Donald Stephenson to free agent contracts, they signed edge rusher Von Miller to a mega deal and signed contract extensions for Emmanuel Sanders and Brandon Marshall this summer.
So yeah, I think John Elway had it right. Sometimes the best deals you don't ever make end up being the best decisions you make. Brock Osweiler turning his back on the Denver Broncos may end up being the best thing to happen to them in quite awhile.