That Denver is hearing from teams with an eye towards acquiring Siemian should come as no surprise, given both that the Broncos signed fellow quarterback Case Keenum to a two-year deal earlier today and the fact that Denver had been openly shopping Siemian. With Keenum now the Broncos’ starter, and former first-round pick Paxton Lynch likely to serve as the club’s backup, Siemian doesn’t have a role in the Mile High City.
Siemian offered league-average production in 14 games as the Broncos’ starter in 2016, as the former seventh-round pick completed 59.5% of his passes for 3,401 yards, 18 touchdowns, and 10 interceptions. Last season, however, Siemian struggled mightily, and Denver ultimately turned to Brock Osweiler and Paxton Lynch under center.
Siemian could conceivably attract interest from any number of teams as a backup quarterback, especially given his price tag. He’ll earn just $1.907MM in 2018 (a raise over his scheduled base salary, thanks to the proven performance escalator), an entirely palatable figure for a No. 2 signal-caller.
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