Hanie last played for the Chicago Bears, where he played in six games and started four. He filled in after Jay Cutler suffered a season-ending a thumb injury. Hanie, however, was benched in favor of Luke McCown because he did not play well in any way, shape or form.
If Manning goes down—which unfortunately is a glaring possibility—Hanie will have to take the reigns. Fellow Broncos QB Adam Weber, a 2011 undrafted free agent, isn't going to be more than a third-stringer in 2012.
The Broncos should have waited until April and then draft a second- or third-round quarterback instead of signing Hanie. They could have developed their draft pick into Manning's successor.
Now they have an unreliable backup quarterback, which could pose a problem for the Broncos if Manning gets injured.
Grade: D+. The Broncos should have spent a high draft pick on a quarterback. That's the bottom line. They additionally wasted an opportunity to groom a quarterback under one of the best ever to play the game.
ESPN NFL Insider Adam Schefter:
Broncos struck deal with former Bears QB Caleb Hanie as backup for Peyton Manning. Broncos have added two former CSU players in two days.
ESPN's NFL Live Host Trey Wingo:
Caleb Hanie signs with Denver. Broncos clearly convinced Peyton is 100%.
CBS's Zach Zaidman, being humorous:
No word on if Broncos will hold news conference to introduce Caleb Hanie.