Broncos reach agreement with Emmanuel Sanders on three-year, $33 million extension

ENGLEWOOD—There may be questions about their quarterback, but the Denver Broncos have no doubts about their receiver duo.

With the regular-season deadline approaching, the Broncos reached agreement Wednesday on a three-year contract extension with receiver Emmanuel Sanders that is worth $33 million.

Coupled with the $5.6 million salary Sanders will draw this year, his contract will be $38.6 million over four years.

In that three-year, $33 million extension, Sanders will receive a hefty signing bonus. The "new money" will make Sanders the NFL's highest-paid No. 2 receiver.

Starting next season, the Broncos will have $25 million a year combined in annual average tied up in their top two receivers. No. 1 receiver Demaryius Thomas last year received a five-year, $70 million contract that is worth $14 million a year.

The Broncos and Sanders had been working on a contract extension since May and had set today as a deadline to reach agreement because they didn’t want the receiver distracted with negotiations during the season.

The Broncos open the season Thursday against the Carolina Panthers.

Copyright 2016 KUSA


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