[King Kong]

Maybe put out a feeler but I can't imagine it's anything past that.

Think that Sark has a tough spot. Ewers is his guy and has kept the job the past two years, but it looks like he's wanting to come back and to try to play himself into the first round of the draft. If he comes back, it won't be to sit on the bench. 

If Ewers is back at Texas, it's going to kill recruiting going forward if he's brought in Arch Manning but doesn't play him. Next year will be Manning's third college season (he redshirted in 2023).

For obvious reasons, I can't see both back at Texas next season. Rumor is that Ewers is going to be gone (possibly to a Big Ten team). Manning takes over as a redshirt Sophomore and can't declare until after his Junior season. Texas probably looks to have a solid, experienced back-up in place in case of injury and then they'll bring in another top recruit with the promise of playing once Manning is gone.

As for where Ewers ends up, I'm thinking that Oregon, Michigan, and Penn State are the most likely options. Can't see him going back to Ohio State-- the walk of shame for each would probably be too much.

Where it gets really interesting is if Ewers plays really well in the playoffs and Texas advances deep, or even wins, but he still doesn't declare.

Yeah that Texas qb situation has definitely been interesting.  It'll become even more interesting during the playoffs and off season.  
I made the mistake of reading an article or two earlier in the year about the Texas qbs.  Now almost every day, my news feed is flooded with article's regarding the Texas qb situation!
If it'll help Ewers draft stock by staying one more year,  I couldn't blame him for coming back.  Agreed that him or Manning will likely hit the portal if this happens.  
Maybe if Ewers stays at Texas,  I'll begin getting article's about Manning to UK.  I mean why not,  past news article's have had him pretty much going everywhere else