While calling the Broncos’ quarterback situation a surplus may be somewhat misleading due to a career backup/third-stringer and a recent bust comprising the reserve contingent, the AFC West team would be a place for teams in need to turn before the deadline.

Bo Nix beat out Jarrett Stidham and Zach Wilson after a strong preseason and has shown flashes, particularly after a shaky first two weeks, to help the Broncos to 4-3. Nix is entrenched as Denver’s starter, but the Broncos kept both Stidham and Wilson on their 53-man roster. As the deadline looms in less than two weeks, the prospect of the Broncos unloading one of their arms is in play.

Wilson’s talent still intrigues the Broncos, according to ESPN.com’s Jeff Legwold, who indicates the team would be open to a trade that sends one of the backups elsewhere. Both Stidham and Wilson are on expiring contracts, but it is within reason the Broncos would view one as a player who could back up Nix beyond this season. It would be a reach to suggest either would generate extensive free agency interest, keeping the door open to one being Sean Payton‘s preference to stay.

Stidham, 28, said he still viewed himself as a starter-caliber quarterback following news of Nix’s August ascent to the QB1 gig. Both the Broncos and Raiders turned to the former fourth-round pick in unique circumstances. The Raiders ended Derek Carr‘s nine-season starter stay by parking him to prevent an injury inflating his 2023 guarantees; the Broncos effectively did the same a year later, with Russell Wilson being benched at the same Week 17 juncture. A sixth-year veteran, Stidham never made a start as a Patriot and has attempted just 197 career passes.

Attached to a two-year deal worth $10MM, Stidham loomed as a possible insurance option as a 2024 stopgap. But the Broncos traded for Wilson after long-running negotiations. Days later, they drafted Nix. Wilson’s erratic play did plenty to lead Robert Saleh out of New York, being benched three times from 2022-23. The former No. 2 overall pick’s arm strength outflanks both Nix and Stidham, but he has shown little to indicate a turn into a viable starter will commence. Wilson operated with the Broncos’ third-stringers in training camp and during the first two preseason games, before Nix officially became the starter, and was viewed as having plenty of ground to make up before training camp started. The Jets needed to take on some of Wilson’s salary in order to collect a sixth-rounder (in a pick-swap deal) in April.

Wilson, 24, would still stand to have more upside compared to Stidham. Though, the latter has been in Payton’s system for two seasons and may be the steadier option if Nix suffered an injury. Trading Stidham would clear more salary off the books, as he is due more than $2.5MM in prorated base pay this season. Wilson would be owed barely $500K by an acquiring team. In the event of a trade, the Broncos would probably need add a third QB, as no passers reside on the team’s practice squad.

Additionally, ESPN.com’s Dan Graziano notes the Broncos should not be considered likely to add a piece in a trade. Although Denver hosts a listless Carolina team Sunday, the club is developing Nix and does not profile as a Super Bowl contender that would benefit from a hired gun. Indeed, Legwold adds the Broncos are more likely to offload talent — something they did not do last year, despite hitting the deadline at 3-5 — than bring in help this year. Wilson’s $83MM-plus in dead money still overshadows the team, even though the QB will count less on next year’s payroll (roughly $32MM) compared to this season.

While the addition of a pass catcher to help Nix — particularly one signed beyond 2024 — would seemingly boost this Broncos edition, they should probably not be considered a frontrunner for any of the receivers yet to be traded. The Broncos are shorthanded at the position, however, following the report of Josh Reynolds sustaining injuries in a recent shooting.

AUGUST 25: When speaking to the media after Denver’s preseason finale – a game in which Stidham and Wilson both played – Payton confirmed (via Renck) that finances will not be a factor discouraging the team from keeping both in place in addition to Nix. A number of teams around the NFL will likely show at least some interest in adding a signal-caller over the next few days, but they may not have the opportunity to obtain one of the Broncos’ passers if Payton’s willingness to hold onto all three holds true.

AUGUST 24: Bo Nix is the Broncos’ starter, a development his draft status and college experience long signaled. This leaves the team’s veteran arms either competing for one roster spot or set to determine which passer is Nix’s immediate backup.

Sean Payton kept only two QBs on the active roster for most of last season, and the Saints regularly rostered only two passers during Drew Brees‘ tenure. With more uncertainty in Payton’s current QB room, however, an exception may need to be made.

The Broncos are not against carrying three passers on the 53-man roster, with Payton indicting (via the Denver Post’s Troy Renck) this is under consideration. While an offseason rule change allows an unlimited number of practice squad elevations for an emergency third quarterback, the Broncos would run the risk of losing one of their backups if they made a cut by Tuesday’s 3pm CT deadline.

The second-year Denver HC might be posturing to potentially drive a trade, but the Broncos’ backup options have disparate profiles. With Nix going into his first season, the team keeping Jarrett Stidham and Zach Wilson would make sense. The former brings experience in Payton’s system, having signed a two-year deal worth $10MM in the HC’s first Denver free agency period, with the latter supplying higher upside — albeit with a low floor Jets fans observed for the past three seasons.

Last year’s spree of quarterback injuries leaguewide also could give the Broncos a potential trade chip, as the team carrying all three could precede calls. While Wilson expectedly generated minimal trade interest this offseason, needs arise based on injuries. Stidham is more experienced and would conceivably appeal as a backup option elsewhere — especially in the event a starter goes down. The Texans took calls on both their C.J. Stroud backups — Davis Mills, Case Keenum — before last year’s deadline.

Stidham, 28, preceded Nix as Auburn’s starter and would make more sense as an immediate backup. He spent last season as Russell Wilson‘s QB2, before once again being inserted into a starting lineup largely due to a starter’s contract issue, and is going into his sixth year. Stidham started the Broncos’ first preseason game and entered camp in the QB1 role. Wilson certainly has more starting experience, but his Jets starter arc does not exactly work in his favor. Bringing more upside as a passer, Wilson was still benched three times as a Jet. He also has been Denver’s third-stringer for weeks, never making a serious challenge — despite some recent Payton praise — for the starting job.

It would cost nearly the same amount of dead money to jettison either vet. The Broncos would incur $2MM in dead money by releasing Stidham; they would take on $2.76MM in dead cap by waiving Wilson. The 25-year-old arm not being a vested vet stands to play into Denver’s decision, as there is a chance Wilson is claimed if waived. Though, that is far from a certainty. With only $1MM of Stidham’s base salary guaranteed, the team could also save $5MM by cutting him. No cap savings would come from a Wilson cut.

The Broncos will hope this does not matter much, preparing to give the keys to their first-round pick ahead of what the team hopes is a lengthy starter tenure. The team has seen its recent starters — from Russell Wilson to Teddy Bridgewater to Drew Lock to Joe Flacco — suffer injuries requiring relief work, making the Stidham-and/or-Wilson call rather important.