Quarterback Brock Osweiler has found his new team—and it just happens to be his old one.
Cleveland.com's Mary Kay Cabot initially reported the team's plans to sign Osweiler.
This comes after Zac Jackson of The Athletic reported Friday that the Cleveland Browns released Osweiler following the preseason. Tom Pelissero of NFL Network noted the Browns attempted to trade the quarterback "within minutes of acquiring him in March" but couldn't find a suitor "even with [a] slash of [his] $16 [million] salary."
NFL Network's Ian Rapoport reported Saturday the Browns will still be on the hook for the majority of that $16 million, "minus the minimum salary the #Broncos are expected to pay him." However, Adam Schefter of ESPN noted there are "still details to work out" before a deal is completed.
Jason La Canfora of CBS Sports confirmed Osweiler's contract will be for the veteran minimum, and the Browns will need to pay him $15.3 million.
Cleveland named rookie DeShone Kizer its Week 1 starter shortly before it released Osweiler in what has been a busy stretch of movement for the veteran signal-caller.
Despite the hefty contract, the Arizona State product is yet to perform like a franchise quarterback. The Broncos selected him in the second round of the 2012 draft, but he didn't see significant action until 2015 when he threw for 1,967 yards, 10 touchdowns and six interceptions in eight games.
He tossed 15 touchdowns against 16 interceptions last year as Houston's primary starter, failing to support the team's impressive defense.
He is still only 26 years old and now has another chance to establish himself. His recent play suggests he won't deliver, but Denver at least landed additional quarterback depth and someone with postseason experience.
Osweiler played two playoff games for the Texans at the conclusion of the 2016 season and saw consistent time in pressure-packed games as the team proceeded to win the AFC South title.
Even with his recent struggles, Osweiler's new team would love to see him win another division title following this signing.