Ex-Penn State QB Ethan Grunkemeyer Rumored in $4 Million Transfer.

When you consider that Grunkemeyer looks the part of a big-time quarterback, it’s fair to think that he’s attracting plenty of attention from the college football world. BLACKSBURG, VIRGINIA - OCTOBER 17: Ethan Grunkemeyer #17 of the Virginia Tech Hokies dives into the end zone and scores a rushing touchdown against the Georgia Tech Yellow Jackets during the first quarter at Lane Stadium on October 17, 2026 in Blacksburg, Virginia.

(Photo by Michael Shroyer/Getty Images) Of course, college football can be a tough place to figure out information — message boards and social media provide a lot of under-the-radar places for rumors to spread.

Sometimes, it's hard to tell what's real and what's not. But there are rumors going around that suggest that if Grunkemeyer transfers this offseason, he could make himself a lot of money.

It's worth taking all of this with a grain of salt, but it's also worth considering — because the QB market is pricy these days, and Grunkemeyer has certainly impressed some folks. The report also says that Virginia Tech wouldn't have the money to retain Grunkemeyer if that was the case.