At this point he's got basically nobody to throw to. Defenses can focus on Meyers and Bowers, and there's nobody else who's really a threat to move the ball. They also don't have a legitimate run threat, and their OL isn't very good. In other words, it's a QB nightmare all around. GM has had very little playing time with any real talent around him, and his current situation may be even worse than his rookie season with the Jaguars. At least then he had DJ Chark and Fournette in the backfield. That's not the headlines though...the headline is that Minshew was benched in favor of someone who was on a practice squad 2 weeks ago.
The silver lining is that he's only guaranteed $3.2M for 2025, so he's a pretty affordable veteran option. That salary could balloon up to $11.8M, I assume based on participation & performance incentives, but if he hits those that's still not a huge price tag for a starting QB.
Looking into my crystal ball, it's hard to imagine Pierce staying on in LA. He's been terrible, and seems to be getting worse. Seems like they've already started positioning for the draft too, so maybe Davis is already angling toward drafting a new QB (Cam Ward as a Raider, anyone?).
It would make some sense for them to keep him around as a cheap veteran, but that depends on what a new coach thinks. Might also make sense to see what they could get for him in the draft. Probably not a lot, but I suspect that the Colts, Browns, Jets, Titans, Seahawks, and Saints are all going to be looking for backup QB help this year. They also may not be in position to get a starter in the draft. A veteran presence that only costs $3M might be pretty attractive.