He might be a fourth-round pick, but Cade Klubnik has been one of the most hotly anticipated New York Jets players to take the field in training camp.

As a 22-year-old rookie who was garnering first-overall pick consideration one year ago, Klubnik offers the most upside of any signal-caller on the Jets’ roster. He is arguably the only quarterback on the team (out of four) with a semblance of a chance to become a franchise quarterback, however small that chance may be.

For that reason, all eyes have been on Klubnik whenever he has jogged onto the field with his red No. 10 jersey in Florham Park.

Klubnik’s debut training camp has been up and down, but the flashes have been bright. During Tuesday’s padded practice, Klubnik showed off some gorgeous ball placement on a back-shoulder touchdown pass to No. 4 tight end Jelani Woods.

Klubnik recognized Woods being covered by a linebacker (Marcelino McCrary Ball, No. 41) with his back to the line of scrimmage and inside leverage, so the rookie QB lobbed the ball up with high, outside placement, away from the defender, allowing the 6-foot-7 Woods to contort back to it for the scoring grab.

Despite the impressive high points, Klubnik has looked every bit like a fourth-round rookie in camp. As Jets X-Factor’s Robby Sabo detailed in a synopsis of the Jets’ QB2 situation, Klubnik “hasn’t separated himself from Bailey Zappe and Brady Cook in the least.”

Sabo noted that Klubnik has received the lion’s share of the second-team reps, which is expected, given that the Jets invested a draft pick in Klubnik, while Zappe and Cook are expendable. In a perfect world, the Jets would love for Klubnik to prove himself ready for immediate backup quarterback reps, as it would allow them to keep only two quarterbacks on the 53-man roster.

However, Klubnik hasn’t appeared ready for the job quite yet. “He’s routinely late when throwing outside the numbers, is too robotic when moving away from obvious, immediate pressure, and is transparently working through some mind games on the practice field,” wrote Sabo of the Clemson product.

The good news for Klubnik is that his competition is weak; Zappe and Cook have each thrown more interceptions than touchdowns in their NFL careers, and neither player has separated themselves in camp so far.

Nonetheless, the rookie will need an impressive run in the preseason to tighten his grip on the QB2 job. Otherwise, Zappe could have a chance to use the preseason to stake his claim to the right to back up Geno Smith, which would leave Klubnik in a third-string, developmental role.

The Jets don’t want that to happen, as they would rather use Zappe’s roster spot on a non-quarterback. But if Klubnik doesn’t look increasingly ready to be one play away from the field, the Jets will have a tough decision to make.