Adam Schefter, everyone.
Denver and Demaryius Thomas reach agreement on matching 5-year, $70 million deal that includes $43.5M GTD, per source.
— Adam Schefter (@AdamSchefter) July 15, 2015
Certainly there will be more to come. Good news that the Broncos and DT got a deal done.
ETA: I will update what I can, but Schefter is the only one thus far saying an agreement has been reached. Troy Renck has reported this:
#Broncos and DT still talking. Good sign as the deadline approaches..
— Troy Renck (@TroyRenck) July 15, 2015
Of course, Schefter is likely talking to Thomas’ agent, and Renck may be talking to Broncos officials. But all signs indicate Thomas will be staying with the Broncos.
More updates behind the link.
ETA2: Given what Mike Klis is saying, it looks like a deal will happen.
Broncos and Demaryius Thomas have reached agreement in principle.
— Mike Klis (@MikeKlis) July 15, 2015
ETA3: A little more info from Klis, which seems to indicate the Broncos kept his signing bonus low. We’ll see when more numbers come out, though.
Demaryius Rhomas gets whopping $35 mill skill/injury/cap guar and 43.5 mill total guarantee 9news
— Mike Klis (@MikeKlis) July 15, 2015
ETA4: Based on what Troy Renck is reporting, Thomas’ financial future is certainly secure.
Deal in place for DT. 5-year,. $70 million with $35 million fully guaranteed over first two years. $43.5 million overall guarantee
— Troy Renck (@TroyRenck) July 15, 2015
ETA5: Two more pieces of information and I’ll stop for a while. First is this note from Albert Breer, which indicates how close to the wire this came.
Thomas' deal is indeed signed and filed. Broncos upped their offer again today — Fifth time they've done it over this negotiation.
— Albert Breer (@AlbertBreer) July 15, 2015
And second, I thought you’d all appreciate what Andrew Mason said.
We all know that John Elway does his best work when the clock nears 0:00.
— Andrew Mason (@MaseDenver) July 15, 2015
