Broncos, Russell Wilson reach agreement on five-year extension worth up to $245 million
Russell Wilson and the Denver Broncos will be riding together for quite a while.
The star quarterback agreed Thursday morning to a five-year contract extension that is worth up to $245 million and comes with $165 million guaranteed, a person with knowledge of the contract confirmed to USA TODAY Sports. The person requested anonymity because they were not authorized to speak publicly about the deal.
Wilson, the nine-time Pro Bowl quarterback, has only been in Denver since being traded there in March but talked regularly about planning to be with the franchise long-term.
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Wilson has two years remaining on an extension signed in 2019 with Seattle meaning he now is under contract in Denver for the next seven seasons for up to a total of $296 million. The new money in the deal beginning in 2024 averages up to $49 million per season.
“I’m glad to be here. I know that. I know I want to be here a long, long time. Hopefully the rest of my career,” Wilson said on the first day of training camp in late July. “It’s been a blessing just to be here with these guys. To be here with (GM) George Paton, he’s been amazing to me. Coach Hackett, first class, unbelievable mind, unbelievable how he leads this football team and the rest of the coaching staff, the players, the organization. This is a tremendous honor.