That's a lot of money to spend on a placeholder.
Personally I think they think that there is a chance that Teddy can be more than just a bridge QB.
They might have convinced themselves that TB has the skillset to excel in the system that they want to run. I keep going back to the idea that coaches have egos, and believe they can get more out of a player than other coaches did.
More times than not though a player is who you think they are. In the defense though look at how much Burrow changed from one season to another, so maybe it's possible.
Especially younger, healthy people. The thought is if they are going to get, might as well get it out of the way and if they don't get it...fantastic! You saw that during spring break for college students when the mortality models were much more grim than they are now.
People forget that with asymptomatic cases being up to 50% and another 30% being mild, it takes roughly 2 weeks for someone to get seriously sick and a few more days to die so honestly we will see a spike between now and 2 weeks from now accounting for the memorial day weekend. The protest spike won't be really seen for 2-3 weeks.