Mike Glennon is about to come into a lot of money, if Chris Mortensen and Adam Schefter are right. The two ESPN sleuths report that Glennon could get as much as $15 million per year when he hits free agency in March. Yes, that’s just $5 million per year removed from the top of the quarterback market.
Quarterbacks expected to be available this offseason include Colin Kaepernick, Jay Cutler and Romo. Yet the quarterbacks who likely will draw the most interest are New England's backup Jimmy Garoppolo, Cincinnati's backup AJ McCarron and Tampa Bay's backup Mike Glennon, none of whom were first-round picks. Garoppolo, McCarron and Glennon are all 27 or under and possess what personnel people perceive to be great upside.
Glennon is an unrestricted free agent and could fetch $13-15 million per year on his next deal -- maybe more depending on the number of teams bidding.
Oh sure, of course Glennon is going to draw some interest, he’s shown himself to be a somewhat competent starter (or at least a good backup), and he still has some upside. And hey, teams have given worse quarterbacks a lot more money (see: Osweiler, Brock).
Still, though, $13-$15 million seems like a lot of money for a quarterback who is, essentially, a high-end backup with some upside. We’ve seen what Glennon can do, generally, and it’s not all that special. He’s not terrible, but he’s not going to lift up your offense and turn it into something...good.
Besides that, look at that list of quarterbacks. Tony Romo’s on it. As is Jay Cutler (with all his faults). And Jimmy Garoppolo has certainly shown some upside, too. Even Colin Kaepernick has kind of bounced back this year. So how many teams are really going to be looking for a quarterback in free agency, what with the draft coming up too?
Moreover, if Glennon could fetch that much money on the free agency market, why was no team willing to give up a decent draft pick for him this offseason? Questions, questions, questions.
Still, this happening would be a good thing for the Bucs. It would likely mean a mid-round compensatory pick in 2018, assuming they don’t spend a whole bunch of money in free agency themselves. And hey, everyone likes more draft picks, right?