Mike Glennon could become a very interesting guy in August, if you’re the kind of person who’s interested in a strong-armed rookie quarterback who could be set to throw a lot of deep balls to a trio of fast wide receivers with great leaping ability named Vincent Jackson, Mike Williams, and Kevin Ogletree.

The Tampa Bay Buccaneers drafted Glennon in the third round last month, making him the third quarterback off the board, well ahead of rumored first rounders Matt Barkley and Ryan Nassib. That aggressive pick already hints strongly at the seeds for quick depth chart ascension, and so do these words yesterday from general manger Mark Dominik (from Joe Bucs Fan, via Evan Silva):

“We’re going to put a lot of pressure on [Glennon] and see a lot of reps from him in the preseason. He’s got to play. We may not see as much of Dan Orlovsky or even of Josh Freeman somewhat in the preseason as much as you’re going to see Glennon …

“We’re excited about just the little bit we saw from him [during rookie minicamp] in terms of mentally what he could handle. We kept piling more on him and he kept doing a great job digesting it, regurgitating it and running the team.”

This is rather important for a number of fantasy reasons. Firstly, although rolling with a third-round rookie in any format is something that leads to hive breakouts quickly, those in two-QB leagues need to monitor Glennon vs. Josh Freeman throughout the summer. In that format, any and every quarterback has value. Also, in more general standard leagues Glennon should sill be watched throughout camp, because those who quite rightfully follow the late-round quarterback philosophy could find early waiver wire value.

Right now, the likelihood of that value coming to fruition is difficult to gauge. Throughout the offseason we heard repeatedly that the Bucs and now sophomore head coach Greg Schiano were looking to upgrade at quarterback, or at the very least acquire quality competition to push Freeman. They accomplished the latter by using a mid-round pick on Glennon, and a third-round investment is actually a steep one in a draft that inspired little confidence in the quarterback position.

But that pick came after the Bucs reportedly did some tire kicking earlier this offseason around Carson Palmer, Chase Daniel, and Matt Cassel. So Schiano is serious about challenging Freeman, which happens when your starting quarterback completes only 54.8 percent of his passes, a year after that number resided at a much more comfortable 62.8. A search for competition was also going to happen after much of Freeman’s particularly horrific play came late in the season, and it’s therefore lingered. Over the final three weeks of the 2012 season, he recorded two four-interception games.

Exactly how serious is Glennon as a threat to Freeman’s job? Not that serious, according to Stephen Holder of the Tampa Bay Times, who diagnosed the Bucs’ quarterback situation prior to the draft:

Even if the Bucs invest a middle-round draft choice in a quarterback, the odds of that player challenging Freeman are slim to none. The only real question would be whether that quarterback could push aside Orlovsky and become Freeman’s immediate backup.

Freeman is in a contract year, and the lack of an extension shows the front office’s need to see more of the quarterback they saw in 2011, and less of the guy whose development often sputtered and stalled in 2012.

The forthcoming long and deliberate look at Glennon in the preseason will likely lead to a short leash for Freeman, and little tolerance for continued inconsistency. It also means Glennon should be watched by the fantasy community, especially later in the preseason when first team offenses and defenses stay on the field much longer.