Russell Wilson, Denver Broncos conform to 5-year extension value $245 million, together with $165 million assured, sources say

The Denver Broncos and star quarterback Russell Wilson have reached an settlement on a five-year, $245 million contract extension that features $165 million assured, sources instructed ESPN’s Adam Schefter.

Wilson, acquired by the Broncos in a blockbuster offseason commerce with the Seahawks, now’s underneath contract with Denver for seven years and $296 million.

The megadeal is the third-most profitable contract in NFL historical past when it comes to assured cash, behind solely Browns quarterback Deshaun Watson’s $230 million and Cardinals quarterback Kyler Murray’s $189.5 million.

Wilson, 33, stated initially of coaching camp that he hoped to be Denver’s quarterback “for a long, long time,” and basic supervisor George Paton had repeatedly acknowledged that one of many Broncos’ prime priorities was a long-term extension for the nine-time Professional Bowler.

The Broncos traded 5 draft picks, together with two first-round and two second-round choices, and three gamers to the Seahawks to accumulate Wilson this previous March — searching for stability and stardom at quarterback, which has been an issue spot since Peyton Manning’s retirement in 2016.

Wilson’s 292 profession landing passes are the second most in league historical past for a quarterback in his first 10 NFL seasons, behind solely Manning’s (306). Tom Brady (324) and Aaron Rodgers (317) are the one two gamers with extra landing passes than Wilson over the previous 10 years.

Wilson, who quarterbacked the Seahawks to the one Tremendous Bowl title in franchise historical past — beating the Broncos after the 2014 season in Tremendous Bowl XLVIII — additionally has been a constant winner in his NFL profession. His 113 wins as a beginning quarterback (common season and postseason mixed) are probably the most for any NFL participant in his first 10 seasons.