I decided to look just at the percentages of QBs taken at #57 or later in the 2nd round or 3rd round (only). I'm not including late round scrubs who never had a chance, many of whom were around for a cup of coffee or spent some time on the developmental squad but never made a start.
I'm not going to argue that Osweiler WILL be a bust because NOBODY can know that. EFX like him and will try and develop him and we'll see.
But according to simple statistics it's a Long-Shot at best. About 5% chance he ever becomes a decent starter (not even elite QB, because that hasn't happened in the last 12 years, but decent starter).
2010
Jimmy Clausen #48
Colt McCoy #85
2009
Pat White #44
2008
Brian Brohme #56
Chad Henne #57
2007
Kevin Kolb #36
Brian Beck #40
Drew Stanton #43
Trent Edwards #92
2006
Kellen Clemmens #49
Tavaris Jackson #64
Charlie Whitehurst #81
Brodie Croyle #85
2005
Charlie Frye #67
Andrew Walther #69
David Greene #85
Kyle Orton #106
2004
Matt Shaub #90
2003
David Ragone #88
Chris Simms #97
2002
Josh McCown #81
2001
Drew Brees #32 (1st pick of the 2nd)
Quincy Carter #53
Marques Tuiaososopo # 59
2000
Giovanni Carmazzi #65
Chris Redmond #75
Drew Brees was the only elite QB drafted in the 2nd round or later in the last 12 years, but he was the #32 pick, basically a first rounder.
Notice that Matt Shaub is the ONLY QB taken at #57 or later who is any good at all. He's not considered an elite QB but he is decent.
And NO, Kyle Orton doesn't count.
So, just looking at STATS, your chances are about 1 in 20 or 5% that Osweiler will ever be any good.
And NO, once again, don't bother arguing that you have confidence in Elway or something equally irrelevant.
He could be good, great or completely worthless. We just don't know at this point.
I'm just pointing out the odds. Vegas is filled with broke losers who bet against the House. Once in a while someone hits the jackpot, that's all.






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