Denver Broncos Quarterback Russell Wilson Signs Massive Extension

The Denver Broncos have made a massive investment in their new quarterback. ESPN Insider Adam Schefter reported earlier this morning that the team had reached an agreement with superstar trade acquisition Russell Wilson on a five-year, $245 million extension:

Breaking: Broncos and Russell Wilson just reached agreement on a five-year, $245 million contract extension that includes $165 million guaranteed, sources tell ESPN.

Deal now ties Wilson to Denver for seven total years and $296 million. Another massive QB deal in the books. pic.twitter.com/uk6yelOL3j
— Adam Schefter (@AdamSchefter) September 1, 2022

Early details on the deal indicate it will pay Wilson $165 million guaranteed. In new money annual average, it makes him the second-highest paid player in the league behind only Aaron Rodgers of the Green Bay Packers. Wilson came to the Broncos from the Seattle Seahawks in a massive offseason trade that included multiple players and first-round picks, so a contract extension that spoke to a similar commitment was all but inevitable.

Since coming into the league as a third-round draft pick in 2012, Wilson has made nine Pro Bowls on his way to winning one Super Bowl and two conference championships. A thrilling player with a flair for the dramatic, Wilson's unique ability to extend plays has made him a constant headache for opposing defenses and appointment viewing for fans across the NFL. After years of toil following Peyton Manning's departure, the Broncos acquired Wilson hoping he could thrust them back into contention in the ultra-competitive AFC West.