Russell Wilson, Broncos agree to terms on five-year, $245M contract extension
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Wilson agreed to terms on a five-year, $245 million extension with the Denver Broncos, including $165 million guaranteed
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The quarterback had two seasons remaining on his deal signed in Seattle, so the extension ties him to Denver for the next seven years.
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After shelling out players and draft picks to acquire Wilson from the Seattle Seahawks in March, the plan was always to extend Wilson.
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Sides waited for the new Walton-Penner ownership group to be approved and weigh in before striking the long-term contract.
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The $49 million per year in new money on five-year extension puts Wilson right behind back-to-back MVP Aaron Rodgers ($50.3 million) and ahead of Kyler Murray($46.1 million).
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But the $165 million guaranteed falls short of Deshaun Watson's fully guaranteed $230 million deal
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Wilson now takes over in Denver under former Green Bay Packers offensive coordinator Nathaniel Hackett.
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Expectations have soared a Mile High in Denver since acquiring Wilson, who helped generate 10-plus wins in eight of his 10 seasons in Seattle.
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