NFL Media Insider Ian Rapoport reported Saturday the Broncos offered Osweiler a three-year deal that can be worth as much as $45 million total, according to a source involved with the negotiations. Rapoport adds the average per year figure would rank around 20th among NFL starters. On Friday, Rapoport referred to a middle-of-the-road offer for Osweiler and said the quarterback is still expected to test the free-agent market.
There are reportedly a lot of moving parts with the offer.
How much is actually guaranteed -- the key number in any deal -- remains unknown. That guaranteed number would better indicate how confident the Broncos are in Osweiler's long-term viability as a starter.
A three-year proposal could be beneficial for both sides. It would give the Broncos an out if a quarterback with just seven starts in his career doesn't live up to the projection. A short-term deal would also allow Osweiler to reach free agency (or be franchise tagged) again when he's 28 years old.
With a dearth of quality signal callers on the open market, and in the draft, Osweiler owns the leverage.