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Breaking News: Broncos have signed receiver Emmanuel Sanders to a three-year extension

Woohoo!

John Rieger-USA TODAY Sports

According to Denver Broncos General Manager John Elway, the Broncos have agreed to terms on a three-year contract extension for wide receiver Emmanuel Sanders.

According to NFL Network's James Palmer, the deal is a three-year deal worth $33 million dollars. Mike Klis of 9NEWS Denver says that Sander's cap hit will remain at $5.6 million dollars in 2016.

Sanders has played two seasons, 30 games for the Denver Broncos and has turned into one of the better and more explosive wide receivers in the entire game. During those two season's he has totaled 177 receptions for 2,539 yards, and 15 touchdowns for the Denver Broncos.

The Broncos now have wide receiver's Demaryius Thomas and Emmanuel Sanders locked up for the foreseeable future. This is especially good since the Broncos just traded up and invested a first-round pick for quarterback Paxton Lynch. This will give the young and promising quarterback some weapons for the early part of his career. General Manager John Elway has proven that he will go all out when providing weapons for his quarterbacks.

Earlier in the week, Sanders tweeted out that he was going to "bet on himself" this season and this deal shows that he made the right bet.

"That’s just saying during the season I always bet on myself. That’s just telling me that there are a lot of people that sometimes doubt us as NFL players. Sometimes you’ve just got to go out and prepare and you’ve got to bet on yourself. That’s what I meant by that. I do that every year. I’m telling myself to go out and make plays and bet on yourself. You have to be accountable within yourself."

Sanders has shown incredible toughness, leadership, and big play ability since signing with the Denver Broncos a few years back. This extension is well deserved for Sanders and I am glad he is staying with the Broncos for the next few years.

"Emmanuel has proven himself as a great player and one of the most productive receivers in this league," Elway said. "He plays with intensity, and we love the way he competes. We’re thrilled Emmanuel is going to be a Bronco for many more years to come."

The best way to celebrate a newly signed contract extension is going out and having himself a career game tomorrow night against the Carolina Panthers.