I believe Chad's signing show's just how bad our WR corps is.
Signing Chad is both for talent competition ... but also political, in case the position collapses, they can say they're doing something with established talent.
Chad making the team is a huge unknown ... we don't even know the ballbark for Chad & the rookies ... & the existing corps is solid, but plough horse, not race horse.
Personally, I just don't envision a good outcome no matter what happens.