According to Mike Klis of 9NEWS Denver, the Denver Broncos have reportedly offered quarterback Brock Osweiler a three-year deal that is worth more than $45 million dollars.
This deal would pay Osweiler at least, $15 million dollars per year. The last reported offer to Osweiler reportedly averaged out at $12 million dollars per year. So General Manager John Elway is showing that he really wants to lock up his quarterback of the future.
According to Klis, Osweiler's deal if full of incentives and it is unknown how much of the $45 million would be fully guaranteed. Those details right there will probably be the reason why or why not Osweiler signs this contract with the Broncos.
The Broncos only have until Monday to work something out with Osweiler before he will be able to talk to the other 31 teams. If he reaches the tampering period, teams like the Houston Texans, Los Angeles Rams, Cleveland Browns, and the New York Jets could all reach out to Osweiler. All of the teams mentioned have plenty of money to spend this offseason, so that could make it difficult of the Broncos to re-sign their free agent quarterback.
If one or more of those teams offer Osweiler a better deal, will General Manager John Elway match their offer? Or will he allow Osweiler sign with another team?
Tell you right now, for an absolute fact, the #Broncos offer to Osweiler wont be the highest he receives.— Benjamin Allbright (@AllbrightNFL) March 5, 2016
The Broncos will need to figure out what to do with Peyton Manning before they can sign Osweiler to anything.
Manning's agent Tom Condon said on Friday that the Broncos "will have to make a move" on the Manning front before the March 9th deadline, and Klis says in his piece that the team expects to hear something by Monday or Tuesday of next week.
The obvious outcome would be Manning and the Broncos parting ways sometime early next week. This would allow the Broncos to sign Osweiler and their other free agents.
The Broncos are also expected to have restructured deals with offensive tackle Ryan Clady and linebacker DeMarcus Ware finalized early next week as well.
This upcoming week is going to be very interesting for the Broncos.