After crunching some numbers, I was curious to see if spending X amount of money on a QB was worth it. For instance Mitchel Reece at $40,148748? No his value isn't worth it.
I averaged all existing QB's Cap Cost and split it by their future rating, average yards and average TD. Next I broke them into 4 different levels and this is what I got: Hope you like!
1. ATL Carl Smith 84 $16,998,462 = $16,726,127
2 NOS William Shelton 79 $7,878,434 = $16,333,929
3 MIN Robert Ligon 94 $14,332,341 = $16,962,362
4 NOS Jerome Durham 87 $2,527,050 = $16,368,162
5 BUF Mitchel Reece 86 $40,148,748 = $16,076,427
6 HOU James Fritts 85 $14,750,000 = $15,911,444
7 CIN Donald Meyer 86 $9,865,508 = $15,888,766
8 LAA Leslie Wilkerson 87 $10,865,942 = $15,805,200
9 SFO Clarence Summy 83 $10,910,414 = $15,483,211
10 OAK Adrian Cahill 82 $8,206,564 = $15,353,483
11 NYN Earl England 83 $11,470,469 = $15,085,913
12 CAR Kevin Hollingsworth 76 $19,069,322 = $14,403,309
13 JAC Gregorio Henry 84 $14,939,385 = $14,902,405
14 PIT John Wilkerson 87 $26,120,880 = $14,944,395
15 DET Peter Clark 81 $12,211,919 = $14,306,654
16 TEN Ken Reese 81 $20,518,580 = $14,378,984
17 TBY Jeffery Erb 85 $11,935,344 = $14,269,151
18 NED Raphael Paige 83 $10,526,489 = $13,650,365
19 CIN Benjamin Williams 78 $2,557,965 = $13,262,539
20 LAN Ted Doty 81 $2,922,862 = $13,417,303
21 WAS Matthew Sotelo 83 $12,295,027 = $12,606,401
22 NYA Carl Schroeder 83 $11,487,863 = $12,974,908
23 LAN Mario Felix 86 $3,166,954 = $10,684,399
24 SEA Ray Babcock 84 $9,083,255 = $10,144,764
25 MIA Andrew Hunt 85 $21,597,849 = $10,430,147
26 DET Thomas Montoya 76 $1,463,274 = $9,750,827
27 ATL Robert Raney 79 $568,584 = $9,862,155
28 PHI Brad Buckley $8,873,625 = $9,862,155
29 GBY Daniel Powell $21,469,617 = $9,691,924
30 ARI Mark Jones $2,630,577 = $9,592,578
31 IND Juan Henry $12,670,694 = $9,676,278
32 BUF Marvin Reed $8,962,155 = $9,480,257
This is just the top 32. If you want to know the value of a different QB let me know. They are not on my list if they are free agent, but I am sure I could use my formula to guess.