Say it ain't so. Brock Osweiler has agreed to terms on a new contract with the Houston Texans. According to Troy Renck of the Denver Post, its a four-year deal worth $72 million, with $37 million guaranteed.
It's hard to say how much Osweiler's bitterness over being benched in Week 17 had to do with his decision. Regardless, Elway felt like the Broncos' offer to Osweiler was more than fair for a player who's only started seven career games.
The Broncos will now look at other options for a starting quarterback to help them defend their Super Bowl title. Sources say that Elway is investigating what it would take to trade for San Francisco 49ers QB Colin Kaepernick.
It would require some draft capital and Kaepernick would likely have to be willing to restructure his contract. His 2016 salary cap number is manageable at $15.89 million, but it escalates each year all the way through 2020.
Trevor Siemian is an option. The Broncos drafted him in the seventh round last year and they liked him enough to keep him on the 53-man roster all year long. However, he's completely untested.
The draft offers some options and there are some veteran free agents. Robert Griffin III is a young option, but sources say that Gary Kubiak, after some long conversations with Mike Shanahan, advised Elway to look elsewhere.
Bottom line, the Broncos lost out big with Osweiler choosing Houston. Peyton Manning has retired. And the heir apparent has defected. The King is dead. Hopefully, the Duke can remedy the situation.
Chad Jensen is the Publisher of Mile High Huddle. You can find him on Twitter @ChadNJensen.
To get instant Broncos notifications, download the NEW Scout mobile app for iOS HERE!
Be sure to check out the ever-growing benefit package of being a Mile High Huddle Insider! Check it out HERE.null