The 26-year-old quarterback has shown himself a legitimate backup quarterback in limited time in Oakland, and he has thrown for 1,818 yards with 11 touchdowns to 11 interceptions in three seasons with the Raiders.
Based on McGloin's play in preseason and regular season appearances so far in his career, the Raiders have a good reason to place a tender on their young backup who appears to still be a bright prospect even if he is not starter material. To keep restricted free agents such as McGloin, the team must put tenders on them.
The league hasn't announced RFA tender amounts, but this year's second-round contract tender is expected to be worth $2.553 million. And that is what the Raiders did with McGloin, slapping a second round tender on him according to FL.com's Ian Rapoport. The Raiders would get a second-round pick in compensation should McGloin get an offer they don't want to match, a turn of events that happens rarely enough that it's safe to go ahead and pencil McGloin onto the team's roster for next season.
McGloin signed with the Raiders as an undrafted free agent and made an excellent impression in his rookie training camp. He played twice in 2015 for brief spells while Carr dealt with injury issues. Oakland's front office can match any offer he receives around the league to retain McGloin and would receive a second-round pick should he sign an offer from another franchise that the Raiders are not willing to match.
Other restricted free agents for the Raiders include Larry Asante, Benson Mayowa, Neiko Thorpe, and Matt McCants.