As of now, the Broncos reportedly prepared to allow Osweiler to test the open market, as they don’t believe he’ll be able to secure this kind of money from another team.
Interestingly enough, Cole mentions that Denver likes backup QB Trevor Siemian and believe he has the potential to be a starting quarterback at some point.
In the end, the Broncos are banking Osweiler preferring to remain in Denver, considering that they’re the defending champions and have a solid roster.
This figures to be one of the more interesting situations to watch in the coming weeks, as Osweiler is clearly one of the best available quarterbacks in this year’s free agent market.
On top of that, there are teams with a need at quarterback and plenty of cap space to work with, so you can’t completely rule out the possibility of someone willing to pay him more money.
Some speculative options for Osweiler could include the Texans, Browns, Rams and possibly the 49ers, depending on what happens with Colin Kaepernick.
Osweiler, 25, played out the final year of his four-year, $3.516 million rookie contract and will be an unrestricted free agent next week.
In 2015, Osweiler threw for 1,967 yards while completing 61.8 percent of his passes to go along with 10 touchdowns and six interceptions over the course of seven games. Pro Football Focus has him rated as the No. 20 quarterback out of 37 qualifying players.
We have him featured in our Top 100 – 2016 Free Agents list.