I think it's nearly a guarantee he will be our starter next year. I hope we can get him on a cap friendly two year deal for the time being that is incentive based. And if he tears it up(the field not his pecs) re-negotiate a long term deal after next season.
I've seen the occasional post that Mallett is going to cost a lot of money to keep. I think that is a very Texans-centric view that Mallett will command some huge salary. He's had one game that showed some promise. I doubt that teams are knocking on his door to sign him to some mega-contract. The Texans should be able to sign him to a reasonable contract. The fact that he's the best thing the Texans have seen in quite some time doesn't make him a hot commodity throughout the league.