Glennon officially signed with the Bears on Friday. Glennon will reportedly get a three-year, $45 million contract that includes $18.5 million guaranteed. His deal isn't quite in the neighborhood of the monstrosity Houston handed to Brock Osweiler last offseason, but this still represents a hefty commitment to a player who's attempted just 11 regular-season passes since 2014. Most of Glennon's experience came in his rookie season of 2013, when he completed only 59.4 percent of his passes for a mere 6.3 yards per attempt, albeit with a solid 19:9 TD:INT on a talent-deficient Bucs team. The deal should allow Chicago to move on from Glennon without much issue after one season if things don't work out.
Glennon is in line to sign a three-year deal with the Bears on Thursday, Ian Rapoport of NFL Network reports. Per ESPN's Adam Schefter, Glennon's deal with the Bears is slated to be a three-year, $45 million contract that includes $18.5 million guaranteed. That's a hefty price to pay for a QB who has only made eight regular season appearances over the last three seasons, but it's clear that the Bears are committed to moving on from previous starter Jay Cutler. According to Rapoport, Chicago is still expected to draft a quarterback, which underscores the Bears' desire to engineer a complete re-boot at the QB position. Meanwhile, Glennon's fantasy upside in 2017 will be largely tied to his supporting cast, and at this stage who he will be throwing to remains a fluid situation, with top wideout Alshon Jeffery a candidate to sign elsewhere in free agency.
With Brian Hoyer expected to join the 49ers, the Bears could ramp up their pursuit of Glennon, the Chicago Sun-Times reports. Glennon reportedly turned down an offer of approximately $8 million per season to stay put in Tampa Bay, expecting to get a better offer from a team in need of a starter. With Jay Cutler (shoulder) expected to follow Hoyer out the exit door in Chicago, the Bears could provide Glennon's best shot at a starting job and a hefty contract. The Jets have also been mentioned as a potential suitor for the 2013 third-round selection.
Glennon, whom the Bucs have offered to make the highest-paid backup quarterback in the NFL, reportedly could make as much as $12 million per season elsewhere, Rick Stroud of the Tampa Bay Times reports. The Bucs have offered their 2013 third-round pick approximately $8 million per season to stay put, but the quarterback-starved Jets and Bears are both apparently willing to get into a high-stakes bidding war for Glennon's services come Thursday. The five-year veteran proved serviceable but not spectacular after being thrown into the fire in his rookie campaign, amassing 2,608 yards (6.3 YPA) and a 19:9 TD:INT ratio over 13 games, with 26 passes of greater than 20 yards. After compiling 1,417 yards (7.0 YPA), a 10:6 TD:INT and a 1-5 record in 2014, Glennon carried a clipboard for most of the next two campaigns. The 11 pass attempts he notched in a Week 9 contest in 2016 after a Jameis Winston in-game knee injury represented his only regular-season action over that stretch. Despite the lack of a dynamic resume, Glennon appears poised to cash in during free agency, which would vault Ryan Griffin to the top backup job in Tampa for the time being.
Glennon, who has been offered a new contract by the Bucs, nevertheless is expected to become an unrestricted free agent, Jenna Laine of ESPN.com reports. "We'd love to have Mike back in a perfect scenario," general manager Jason Licht said to reporters at the NFL combine Wednesday. "It's going to depend on, I think for him, he's going to have some opportunities, where it is, what the landscape is there, how good of a chance he has to start there, but we'd love to have him back." The Bucs have approximately $68 million in cap space but they won't deviate from the predetermined amount they're willing to offer Glennon, who wants an opportunity to start. The 27-year-old signal caller could certainly be appealing to several quarterback-needy teams that include the Browns, Bears, Jets and Niners. With the Patriots also letting it be known that they are likely to hang on to talented backup Jimmy Garoppolo -- which takes another young arm off the market -- Glennon's value could be even higher than initially projected at the beginning of the offseason. The team notably kept third-stringer Ryan Griffin on the active roster all of 2016 in anticipation of potentially losing their 2013 fourth-round draft pick this offseason; therefore, while their contract offer represents an interest in keeping Glennon in the fold, the team is prepared for life without him should that become a reality.
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|3 Year Avg||58.7||1342||10||5||29||0||110|