Pro Football Focus's Michael Renner included Denver Broncos quarterback Brock Osweiler in a list of free agents who will be overpaid during the free agency period.
Here is what Renner had to say about the Broncos pending free agent quarterback.
The thirst for a quarterback in the NFL today is real. The Redskins tagging Kirk Cousins is really all you need to know about the desperation teams feel. If Peyton Manning does indeed retire, the Broncos will be experiencing a similar squeeze. This could very well lead them to splurge on their former second-round pick, whom they have spent four years developing. Outside of the Patriots game though, Osweiler (71.3) has shown little indication that he’s a quarterback that should be starting in this league. His 26.7 deep-accuracy percentage was second-worst in the NFL.
The Washington Redskins placed the Franchise Tag on quarterback Kirk Cousins before the Deadline. This placed him on the list of quarterbacks making nearly $20 million next year. Also, the Philidelphia Eagles signed quarterback Sam Bradford to a two-year, $36 million contract on Tuesday. These two deals removed the top quarterbacks off the free agent market, and may have made it a little bit more difficult for the Broncos to re-sign Brock Osweiler.
Osweiler is now arguably the top quarterback prospect available on the free agent market. He's young which means he still has the potential to grow, It's not a real deep quarterback draft class, and there are a few quarterback-needy teams out there who have money to spend.
The three teams that may have interest in Osweiler if he hits the free agent market are the Cleveland Browns, Houston Texans, and the St. Louis Rams. The Browns have already been rumored to have interest in Osweiler, and so have the Texans.
All three of those teams have money to spend this offseason. According to Over The Cap, the Cleveland Browns have $42,368,128 in cap space available, the Rams have $45,114,856 in cap space available, and the Houston Texans have $32,364,427 in cap space.
Those three teams could potentially end up outbidding the Broncos for Osweiler's services if he hits the free agent market.
Denver Broncos General Manager John Elway has already said publicly that "this won't be Osweiler's big contract", so I believe there is a line drawn in the sand when it comes to a price tag.
This will be an interesting week for the Broncos. They have until March 7th to negotiate with Osweiler before the two-day tampering period begins. Then the rest of the 31 NFL teams will be able to talk about a contract with Osweiler. So the Broncos would probably like to get something done with Osweiler before then. The Peyton Manning decision also makes this situation a little more difficult.
Will the Broncos be the next team to give their free agent quarterback a big contract? Or will John Elway let Osweiler wak in free agency?