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Denver Broncos, Demaryius Thomas agree to 5-year, $70 million deal
The Denver Broncos have signed wide receiver Demaryius Thomas to a five-year contract, the team announced Wednesday.
The deal is for $70 million and includes $43.5 million guaranteed, a source said.
"We are thrilled to reach a long-term contract agreement with Demaryius Thomas," Broncos executive vice president of football operations/general manager John Elway said in a prepared statement. "He has developed into one of the top wide receivers in the NFL, and making sure he remained a Denver Bronco was a significant priority for our team.
"Demaryius is a special talent and an elite player who has also become a team leader during his five NFL seasons. We are very much looking forward to him playing a major role in the success of the Broncos well into the future."
The Broncos designated Thomas as their franchise player earlier this year. He had not signed the one-year, $12.823 million tender and skipped the team's offseason program.
The deal is for $70 million and includes $43.5 million guaranteed, a source said.
"We are thrilled to reach a long-term contract agreement with Demaryius Thomas," Broncos executive vice president of football operations/general manager John Elway said in a prepared statement. "He has developed into one of the top wide receivers in the NFL, and making sure he remained a Denver Bronco was a significant priority for our team.
"Demaryius is a special talent and an elite player who has also become a team leader during his five NFL seasons. We are very much looking forward to him playing a major role in the success of the Broncos well into the future."
The Broncos designated Thomas as their franchise player earlier this year. He had not signed the one-year, $12.823 million tender and skipped the team's offseason program.