NEW ORLEANS, LA – NOVEMBER 13: Trevor Siemian #13 of the Denver Broncos reacts after a game against the New Orleans Saints at the Mercedes-Benz Superdome on November 13, 2016 in New Orleans, Louisiana. The Broncos won 25-23. (Photo by Jonathan Bachman/Getty Images)

Quarterbacks, and particularly the money paid them, have been a popular topic of discussion when it comes to the 2016 NFL season.

On one hand, there’s the growing feeling that the Houston Texans acted out of desperation and not logic when giving Brock Osweiler a four-year, $72 million contract after starting only seven games for the Denver Broncos. On the other, there’s what Washington may do with their rising-star passer, Kirk Cousins. Cousins, currently on the franchise tag worth $19.953 million, could see the tag again in 2017. Either that, or he will be getting far more than $25 million in a long-term contract, either from Washington or another team willing to pay that price.

While the Texans try to mask their buyer’s remorse and Washington tries to find the best path to walk regarding Cousins’ compensation, the Broncos, Osweiler’s former team, are basking in the glow of having found value at the quarterback position. It appears that Broncos general manager John Elway, himself a former quarterback, knows a thing or two about not just identifying talent but doing so on the cheap.

Denver’s Trevor Siemian isn’t Cousins, to be sure. Cousins is second in the league in passing yardage, has thrown 20 touchdowns to seven interceptions and ranks sixth in quarterback rating. But he’s not Osweiler, either. The former Bronco is boasting a quarterback rating of just 72.7, has completed only 59.5 percent of his passes, and has 12 touchdowns thrown to 13 interceptions. Meanwhile, his replacement, Siemian (a 2015 seventh-round draft pick, it should be noted) has a 60 percent completion percentage, 15 touchdowns to seven interceptions, and even has four fourth-quarter comebacks and two game-winning drives. Though his 2,396 yards are just over Osweiler’s 2,307, Siemian has attempted only 325 passes compared to Brock’s 400.

The good news for Denver is that Siemian is under contract through the 2018 season and is set to make just over $2.3 million total in four years. He currently has a cap hit of $538,195, with $525,000 of that in base salary; that cap hit rises to only $628,195 next year and then maxes out at $718,198 in 2018 before he becomes a free agent and he can finally earn a big payout. Now that payout hinges on whether or not he continues to play well for a general manager who has shown repeated willingness to make moves at the position in order to improve in the win column (see Tebow, Tim) as well as a reticence to overpay someone who isn’t worth it (Osweiler). But even if Siemian improves, the Broncos can put off negotiations until the 11th hour. There’s no need for them to jump into paying him before his current contract expires if they so choose.

About Andrea Hangst

Andrea Hangst is The Comeback's NFL salary cap and contract guru. She also covers the NFL for Bleacher Report, Sports on Earth and's Orange and Brown Report. She is the host of the weekly F*BALL NFL Podcast, which can be found via iTunes or Stitcher and she is a member of the Pro Football Writers of America.