After missing out on Kirk Cousins, the Jets have moved into their fallback plan of pairing a cheaper veteran starter with (probably) a high draft pick:
McCown, who had a higher quarterback rating than Cousins last year, missed the last few games of the year with a broken hand. He was under contract for $6 millions plus incentives in 2017 and Mike Garafolo reports he will earn $10 million on a one-year deal in 2018.
This doesn't mean the Jets won't still also bring in Teddy Bridgewater, who they are reportedly negotiating a deal with. Several reports today have suggested that both McCown and Bridgewater could be signed. A rookie quarterback would still be likely, but perhaps less of a priority at six.