The 11-year veteran quarterback is expected to sign with an NFL team this week. Schefter mentions three teams in particular who have shown interest -- the Jets, Ravens, and Falcons -- "amongst others".
It has been a couple seasons since Schaub was a viable option as a starting NFL quarterback. Last season with the Raiders, he showed he may not even be a viable backup option.
The Raiders acquired the former 2-time Pro Bowler via trade with the Texans, sending a seventh round pick to Houston. The Raiders re-worked his contract as part of the deal, but even still he made $8 million last season and lost his starting job in the preseason to rookie Derek Carr. Leaving Schaub's most useful contribution as a holder on field goal attempts.
Schaub got the ball four times last season. The first was a fake field goal which he bobbled and then threw an interception. The other three times were in the fourth quarter of a 52-0 blowout loss in St Louis. On those three possessions he fumbled, threw a pick six, and fumbled.
That was Schaub's Raiders career. Now another team will attempt to see if he has something left to offer.