In addition to signing utility offensive lineman Eric Olsen to a four year contract, the Denver Broncos have signed NFL sack champion Elvis Dumervil to a contract extension. ESPN’s John Clayton reporting Elvis’ contract is a 5-year extension totaling 6 years, $61.5 million, w/ $43 million guarantee.
Dumervil was a restricted free agent and had been rumored to be seeking a long term financial commitment from the Broncos, and the team's interest was mutual. Dumervil led the NFL with 17 sacks in 2009, and has been a valuable piece to the Broncos' defense over the last four years, especially in third down situations where no player in the NFL has more sacks than Dumervil since he came into the league in 2006.
The Broncos have made Dumervil essentially the foundational building block for their defense under new head coach, and he is one of the few players left from the Mike Shanahan regime. Dumervil was a fourth round pick out of Louisville in 2006.
The Broncos are also reportedly close to a contract agreement with third round pick Eric Decker, and with Dez Bryant of the Dallas Cowboys signing his contract earlier today, the Broncos should be able to get their two first round picks--Tim Tebow and Demaryius Thomas--signed soon as well.