The Chicago Bears and Glennon are closing in on a three-year contract, according to NFL Network Insider Ian Rapoport. The deal can be officially signed at 4 p.m. ET on Thursday, when free agency begins. That would satisfy one of the Bears' primary needs, at least in the short term, and presumably take the Bears out of the quarterback market with the No. 3 overall pick in the draft.
The Bears are still a good bet to select a quarterback in the draft, making Glennon something of a bridge solution, per Rapoport. But with the Bears making an investment in the Glennon deal north of $40 million, the club is more likely to find a rookie quarterback later in the draft. In other words, if the Glennon deal materializes, top QBs like Clemson's Deshaun Watson, UNC's Mitchell Trubisky, Notre Dame's DeShone Kizer and Texas Tech's Patrick Mahomes probably won't have to check their phones quite as closely when the Bears are on the first-round clock.
The Bears aren't the only team with an early first-round pick securing at least a short-term answer at the quarterback position, though. The San Francisco 49ers, who hold the No. 2 pick, have agreed in principle to a two-year deal with Brian Hoyer. The Cleveland Browns, who hold the No. 1 pick, will acquire Brock Osweiler and a 2018 second-round draft pick in a trade from the Houston Texans, according to NFL Network's Mike Garafolo, although NFL Media Insider Ian Rapoport reported the Browns intend to cut Osweiler. With or without Osweiler, the quarterback draft class could be frozen out of the top three picks in the draft if those teams satisfy their needs at the position in free agency.
As for Glennon, he did not make a start for the Tampa Bay Buccaneers last year and threw just 11 passes, but he played extensively under former coach Greg Schiano as a rookie in 2013, and made six starts under Lovie Smith the following year. That experience provides a better picture of Glennon's NFL future than the guesswork that goes into projecting collegians.
And projecting this group appears to be tricky business.
Kansas City Chiefs GM John Dorsey doesn't believe there is a ready-made NFL quarterback in the draft class, and NFL Network draft expert Mike Mayock doesn't consider anyone in the group as a viable top-10 pick.