Denver Broncos News & Rumors

Extension Candidate: Zach Allen

A central reason the Broncos were able to make the playoffs despite the record-shattering Russell Wilson dead money bill, Zach Allen has played his best football since relocating to Denver in 2023. The short-term J.J. Watt Cardinals sidekick has been one of the NFL’s most disruptive interior D-linemen in two Broncos seasons.

Allen signed a three-year, $45.75MM contract on Day 1 of the 2023 legal tampering period, following Ben Powers and Mike McGlinchey as part of Sean Payton‘s aggressive transactional start to his Broncos tenure. While McGlinchey and Powers are respectively on five- and four-year deals, Allen is in a contract year. The former Cardinals third-round pick, who entered the NFL in Vance Joseph‘s first Arizona offseason, resides in a good position to cash in.

[RELATED: Top 2025 Salary Cap Hits For Defenders]

Allen recorded a whopping 40 QB hits last season; that not only led the NFL in 2024, it ranks near the top among modern pass-rushing seasons. Throughout the 2020s, only Nick Bosa‘s 2022 (48) and T.J. Watt‘s 2020 (41) delivered more QB hits than Allen’s 2024 brought. Even if the range is moved to cover the past 10 seasons, Allen’s 2024 showing still ranks eighth (J.J. Watt‘s peak was quite good). Allen also tallied 47 QB pressures last season; only Trey Hendrickson (54) produced more at any position.

A spring report pointed to Allen and Nik Bonitto being higher Broncos extension priorities compared to Courtland Sutton, who has been waiting for a deal longer. This is Bonitto’s first offseason of extension eligibility. Having spent his entire career in Joseph’s scheme, Allen represents a fairly safe bet for the Broncos. Going into only his age-28 season also represents a plus here, whereas Sutton will turn 30 in October. Allen has also expressed interest in a Broncos extension.

It can be argued Allen’s presence catalyzed Bonitto’s breakout. Both players zoomed to second-team All-Pro status, as Bonitto broke through for 13.5 sacks. Allen’s 8.5-sack total does not jump out as much, even with a Week 1 safety also landing on his resume, though Bonitto’s pressure numbers (36 to go with 24 hits) were not on the interior rusher’s level. Bonitto heading into his age-26 season will help his cause, but the Broncos also have the franchise tag to use in 2026.

Wilson’s punitive dead money penalty ending in 2025 would free up a tag slot for next year, and Bo Nix must remain on a rookie contract through at least 2026. Denver has John Franklin-Myers as a more affordable extension option in a contract year, and the team traded up for 3-4 DE Sai’Vion Jones in Round 3. It would seem unlikely, though, that the franchise — one set to rely on a top-tier defense once again — would chance moving on from Allen after one contract given his recent form and experience under Joseph.

The Broncos will be looking at a sizable raise here, as the defensive tackle market has moved twice since Allen’s March 2023 accord. As a second tier formed behind Aaron Donald‘s outlier deal in the spring and summer of 2023, four players (Daron Payne, Dexter Lawrence, Jeffery Simmons, Quinnen Williams) scored extensions between $22.5MM and $24MM per year. Chris Jones then used Donald’s deal as a springboard to gouge the Chiefs two days before the 2024 tampering period. Jones lifted the DT spot’s ceiling to $31.75MM per year and $60MM guaranteed at signing. Capitalizing on a Jones-less market, Christian Wilkins landed $27.5MM per year and $57MM at signing from the Raiders in 2024.

This year, Milton Williams became the NFL’s third-highest-paid interior D-lineman by commanding $26MM per year and $51MM at signing from the Patriots. Williams is nearly two years younger than Allen, but the ex-Eagle has not produced a season on the latter’s level. Even Allen’s 2023 featured 24 QB hits and 27 pressures. He has never been a sack maven, having tallied more than 5.5 just once. Williams’ next 5.5-sack season will be his first, however, while Wilkins and Nnamdi Madubuike each delivered outlier sack seasons in their 2023 contract years. Wilkins was also 28 when he signed his big-ticket Las Vegas deal.

Hitting free agency helped Wilkins and Milton Williams, and Allen could certainly bet on himself and do well in 2026. (Though, he will be negotiating ahead of an age-29 season in that scenario.) The Broncos will undoubtedly work to prevent that from happening, but even as the seventh-year vet can only negotiate with one team for the time being, that Payne-Lawrence-Simmons-Quinnen Williams tier should be a reasonable floor.

That is a steep hike from $15.25MM AAV, but the salary cap has ballooned from $224.8MM to $279.2MM since those 2023 extensions commenced. Allen’s camp will likely cite the Wilkins and Milton Williams deals as comps, making the previous DT second tier a logical compromise.

The Broncos extended four players — Quinn Meinerz, Patrick Surtain, Jonathon Cooper and Garett Bolles — between July 16 and December 12 last year. GM George Paton also paid Sutton in-season back in 2021, and a potential in-season Bonitto payday could be on track. The Broncos will surely ramp up discussions with their top two front-seven pieces before Week 1. Carrying a high-pressure/modest-sack resume, Allen’s negotiations will be a key storyline to follow as the Broncos attempt to firmly establish themselves as contenders after last season’s surprising playoff trek.

The NFL’s Longest-Tenured GMs

The NFL’s 2025 HC carousel brought five new sideline leaders; this year’s GM market eventually featured four new hires. Two teams made quick-trigger decisions involving front office bosses this offseason.

Not long after the Raiders fired Antonio Pierce, they booted Tom Telesco — brought in to give the inexperienced HC a seasoned GM — after just one season. New minority owner Tom Brady, who certainly appears to have downplayed his Raiders role in a recent interview, wanted a fresh start. That meant firing Telesco despite the GM’s Brock Bowers draft choice last year. John Spytek, an ex-Brady Michigan teammate who was with the Buccaneers when the team signed the QB icon, replaced him. Formerly the Chargers’ front office boss, Telesco had entered every season in a GM chair since 2013.

Ran Carthon received two years in charge in Tennessee, but owner Amy Adams Strunk — a year after the surprise Mike Vrabel firing — moved on and arranged an interesting power structure this offseason. The Titans installed Chad Brinker, who had been one of Carthon’s two assistant GMs, as president of football operations. The ex-Carthon lieutenant holds final say over new hire Mike Borgonzi, who did run the Titans’ draft this year. Borgonzi, who interviewed for the Jets’ GM job as well, comes over after a lengthy Chiefs tenure.

The in-season Joe Douglas firing brought a Jets GM change for the first time in six years. As Woody Johnson overreach became a regular talking point in New York, the Jets started over with Darren Mougey. Johnson changed up his workflow upon hiring Mougey, however. Rather than the GM directly reporting to the owner (as Douglas had), both Mougey and Aaron Glenn will do so. Mougey, though, does control the roster.

Telesco’s January firing left Trent Baalke as the NFL’s lone second-chance GM. The Jaguars had kept Baalke despite firing Doug Pederson, but as the team’s coaching search brought significant concerns from candidates about the presence of the resilient GM, Shad Khan eventually made a change. This move came after top HC candidate Liam Coen initially turned down a second interview, doing so after Ben Johnson concerns about the situation circulated. Gladstone is now in place as the NFL’s youngest GM, at 34, coming over from the Rams.

This offseason also brought three GM extensions — for Jason Licht, Kwesi Adofo-Mensah and Omar Khan. Licht is heading into his 12th season at the helm. Adofo-Mensah joined Vikings HC Kevin O’Connell in being extended this offseason. Also a 2022 GM hire/promotion, Khan signed a Steelers extension this week.

Although Jerry Jones and Mike Brown have been in place longer, the Cowboys and Bengals’ owners hold de facto GM titles. Mickey Loomis is not only the longest-tenured pure GM in the NFL; the Saints boss trails only Hall of Famer Tex Schramm as the longest-tenured pure GM in NFL history. Hired four years before Sean Payton in New Orleans, Loomis heads into his 24th season at the controls. Loomis hired his third HC as a GM (Kellen Moore) in February.

Here is how long every GM has been in place across the NFL:

  1. Jerry Jones (Dallas Cowboys): April 18, 1989[1]
  2. Mike Brown (Cincinnati Bengals): August 5, 1991[2]
  3. Mickey Loomis (New Orleans Saints): May 14, 2002
  4. John Schneider (Seattle Seahawks): January 19, 2010; signed extension in 2021
  5. Howie Roseman (Philadelphia Eagles): January 29, 2010[3]; signed extension in 2022
  6. Les Snead (Los Angeles Rams): February 10, 2012; signed extension in 2022
  7. Jason Licht (Tampa Bay Buccaneers): January 21, 2014; signed extension in 2025
  8. Chris Grier (Miami Dolphins): January 4, 2016[4]
  9. John Lynch (San Francisco 49ers): January 29, 2017; signed extension in 2023
  10. Chris Ballard (Indianapolis Colts): January 30, 2017; signed extension in 2021
  11. Brandon Beane (Buffalo Bills): May 9, 2017; signed extension in 2023
  12. Brett Veach (Kansas City Chiefs): July 11, 2017; signed extension in 2024
  13. Brian Gutekunst (Green Bay Packers): January 7, 2018; agreed to extension in 2022
  14. Eric DeCosta (Baltimore Ravens): January 7, 2019
  15. Andrew Berry (Cleveland Browns): January 27, 2020; signed extension in 2024
  16. Nick Caserio (Houston Texans): January 5, 2021
  17. George Paton (Denver Broncos): January 13, 2021
  18. Brad Holmes (Detroit Lions): January 14, 2021; agreed to extension in 2024
  19. Terry Fontenot (Atlanta Falcons): January 19, 2021
  20. Joe Schoen (New York Giants): January 21, 2022
  21. Ryan Poles (Chicago Bears): January 25, 2022
  22. Kwesi Adofo-Mensah (Minnesota Vikings): January 26, 2022; signed extension in 2025
  23. Omar Khan (Pittsburgh Steelers): May 24, 2022; signed extension in 2025
  24. Monti Ossenfort (Arizona Cardinals): January 16, 2023
  25. Adam Peters (Washington Commanders): January 12, 2024
  26. Dan Morgan (Carolina Panthers): January 22, 2024
  27. Joe Hortiz (Los Angeles Chargers): January 29, 2024
  28. Eliot Wolf (New England Patriots): May 11, 2024
  29. Mike Borgonzi (Tennessee Titans): January 17, 2025
  30. John Spytek (Las Vegas Raiders): January 22, 2025
  31. Darren Mougey (New York Jets): January 24, 2025
  32. James Gladstone (Jacksonville Jaguars): February 21, 2025

Footnotes:

  1. Jones has been the Cowboys’ de facto general manager since former GM Tex Schramm resigned in April 1989.
  2. Brown has been the Bengals’ de facto GM since taking over as the team’s owner in August 1991.
  3. The Eagles bumped Roseman from the top decision-making post in 2015, giving Chip Kelly personnel power. Roseman was reinstated upon Kelly’s December 2015 firing.
  4. Although Grier was hired in 2016, he became the Dolphins’ top football exec on Dec. 31, 2018

2025 Offseason In Review Series

Here are PFR’s breakdowns of each NFL team’s 2025 offseason. The list will be updated between now and Week 1.

AFC East

  • Buffalo Bills
  • Miami Dolphins
  • New England Patriots
  • New York Jets

AFC North

  • Baltimore Ravens
  • Cincinnati Bengals
  • Cleveland Browns
  • Pittsburgh Steelers

AFC South

AFC West

NFC East

NFC North

  • Chicago Bears
  • Detroit Lions
  • Green Bay Packers
  • Minnesota Vikings

NFC South

  • Atlanta Falcons
  • Carolina Panthers
  • New Orleans Saints
  • Tampa Bay Buccaneers

NFC West

  • Arizona Cardinals
  • Los Angeles Rams
  • San Francisco 49ers
  • Seattle Seahawks

Largest 2025 Cap Hits: Defense

The 2025 offseason has been defined in no small part by extensions amongst the league’s top edge rushers. A number of high-profile situations on that front remain unresolved at this point, which will make for interesting storylines over the coming weeks. Still, pass rushers once again account for some of the top cap charges around the NFL.

Just like on offense, here is a breakdown of the top 25 defensive cap hits in 2025:

  1. Maxx Crosby, DE (Raiders): $38.15MM
  2. T.J. Watt, OLB (Steelers): $30.42MM
  3. DeForest Buckner, DT (Colts): $26.6MM
  4. Daron Payne, DT (Commanders): $26.17MM
  5. Rashan Gary, OLB (Packers): $25.77MM
  6. Montez Sweat, DE (Bears): $25.09MM
  7. Denzel Ward, CB (Browns): $24.56MM
  8. Micah Parsons, DE (Cowboys): $24.01MM
  9. Derwin James, S (Chargers): $23.86MM
  10. Roquan Smith, LB (Ravens): $23.72MM
  11. Dexter Lawrence, DT (Giants): $23.64MM
  12. Chris Jones, DT (Chiefs): $23.6MM
  13. Jeffery Simmons, DT (Titans): $22.7MM
  14. L’Jarius Sneed, CB (Titans): $22.58MM
  15. Vita Vea, DT (Buccaneers): $22.47MM
  16. Minkah Fitzpatrick, S (Dolphins): $22.36MM
  17. Jonathan Greenard, DE (Vikings): $22.3MM
  18. Jessie Bates, S (Falcons): $22.25MM
  19. Myles Garrett, DE (Browns): $21.92MM)
  20. Quinnen Williams, DT (Jets): $21.59MM
  21. Jaylon Johnson, CB (Bears): $21MM
  22. Nick Bosa, DE (49ers): $20.43MM
  23. Kenny Clark, DT (Packers): $20.37MM
  24. Danielle Hunter, DE (Texans): $20.2MM
  25. Zach Allen, DE (Broncos): $19.8MM

Crosby briefly held the title of the league’s highest-paid pass rusher when his latest Raiders extension was signed. That $35.5MM-per-year pact was quickly overtaken in value, but it put to rest speculation about a potential trade. Now fully healthy, Crosby’s level of play in 2025 will be critical in determining Vegas’ success.

Garrett currently leads the way in terms of AAV for edge rushers (and, in turn, all defensive players). He landed $40MM in annual compensation from the Browns in a deal which ended his long-running trade request. The four-time All-Pro sought a change of scenery to a Super Bowl contender but then altered his stance following communication with Cleveland’s front office. Garrett is now on the books through 2030.

Other notable pass rushers face an uncertain future beyond the coming campaign, by contrast. That includes Watt, who is not close to reaching an agreement on a third Steelers contract. The former Defensive Player of the Year is reported to be eyeing a pact which will again move him to the top of the pecking order for pass rushers. He thus finds himself in a similar situation to fellow 30-year-old All-Pro Trey Hendrickson with the Bengals.

While Hendrickson is believed to be aiming for a new deal similar in average annual value to those like Bosa and Hunter’s, Parsons could leapfrog Watt atop the pecking order by the time the season begins. Little (if any) progress has been made since Parsons and Cowboys owner Jerry Jones reached a handshake agreement on the framework of a deal. Time remains for a pact to be finalized before training camp; failing that, the possibility of a hold-in will increase.

Recent years have seen a major spike in the valuation of interior defensive linemen capable of producing against the pass. It comes as no surprise, then, to see a multitude of D-tackles on the list. Buckner and Chris Jones are among the veterans with the longest track record of success in terms of sacks and pressures (along with disruptive play against the run, of course). Payne, Lawrence, Simmons and Williams were among the players who helped moved the position’s market upward with similar second contracts during the 2023 offseason.

Gary, Sweat and Greenard will again be counted on to lead the way in terms of pass rush production for their respective NFC North teams. Green Bay, Chicago and Minnesota each have upside elsewhere on the depth chart, but expectations will remain high for those three based on their lucrative deals. The highly competitive division will no doubt come down to head-to-head games, and they will be influenced in large part by the performances of each defense.

The cornerback market reached $30MM per year this offseason thanks to Derek Stingley Jr.‘s Texans extension. Given the term remaining on his rookie pact, though, his cap charge for this season checks in at a much lower rate than that of teammates like Hunter or other top CBs. Ward and Jaylon Jones are on the books through 2027, and the same is true of Sneed. The high-priced Tennessee trade acquisition did not enjoy a healthy debut season with his new team in 2024, but he appears to be set for full participation in training camp.

Safety and linebacker are among the positions which have witnessed slower growth than others recently. Still, a few top performers are attached to deals landing them on this list. Smith has been a first-team All-Pro performer during his tenure with the Ravens; he will be expected to remain one in 2025 and beyond. James and Bates will likewise be counted on as key playmakers in Los Angeles and Atlanta. Fitzpatrick will, interestingly, return to his original team after being part of the blockbuster Steelers-Dolphins trade from earlier this week.

Vea helped the Buccaneers rank fourth against the run last season while Clark and the Packers finished seventh in that regard. Both veterans have multiple years remaining on their deals, although in both cases the final season does not include guaranteed money. Vea and/or Clark could thus find themselves discussing an extension next offseason.

Allen is among the players listed who could have a new deal in hand before Week 1. The former Cardinal is coming off a career-best 8.5 sacks from the 2024 season. To no surprise, then, Allen is high on Denver’s list of extension priorities, and it will be interesting to see if the pending 2026 free agent works out a new pact prior to the start of the campaign.

The NFL’s Longest-Tenured Head Coaches

By the end of the 2024 regular season, the Bears, Jets and Saints had already moved on from their head coaches. Those teams were joined by Cowboys, Jaguars, Raiders and Patriots in making a change on the sidelines.

After their midseason terminations, Matt Eberflus, Robert Saleh and Dennis Allen each landed defensive coordinator gigs during the 2025 hiring cycle. The staffers who remained in place through the end of the campaign have yet to line up their next NFL opportunity, however. Mike McCarthy withdrew from the Saints’ search, setting the 61-year-old for at least one year out of coaching (just like the pause between his Packers and Cowboys stints).

Meanwhile, Doug Pederson was unable to parlay interest in an offensive coordinator position into a hire this spring. The former Super Bowl winner is thus set to be out of coaching for 2025. The same will also be true of Antonio Pierce and Jerod Mayo after their one-and-done stints as full-time head coaches did not go as planned.

While recent months have brought about the latest round of changes, many of the longest-tenured head coaches around the league remain in place. McCarthy was the only staffer within the top 10 on last year’s list in that regard who has been replaced. In all, nine head coaches hired at the beginning of this decade (or earlier) will carry on with their respective teams in 2025.

Six of those reside in the AFC, with Mike Tomlin – who became the league’s longest-tenured head coach last year in the wake of Bill Belichick’s Patriots departure – once again leading the way, albeit with questions about his future beyond this season present. The NFC will include Sean McVay, Kyle Shanahan and Matt LaFleur handling their familiar roles in 2025, although the latter (who has two years left on his deal) will not receive an early extension.

Here is a look at how the league’s head coaches shape up entering the 2025 campaign:

  1. Mike Tomlin (Pittsburgh Steelers): January 27, 2007; extended through 2027
  2. John Harbaugh (Baltimore Ravens): January 19, 2008; extended through 2028
  3. Andy Reid (Kansas City Chiefs): January 4, 2013; extended through 2029
  4. Sean McDermott (Buffalo Bills): January 11, 2017; extended through 2027
  5. Sean McVay (Los Angeles Rams): January 12, 2017; extended through 2027
  6. Kyle Shanahan (San Francisco 49ers): February 6, 2017; extended through 2027
  7. Matt LaFleur (Green Bay Packers): January 8, 2019: extended through 2026
  8. Zac Taylor (Cincinnati Bengals): February 4, 2019; extended through 2026
  9. Kevin Stefanski (Cleveland Browns): January 13, 2020; signed extension in June 2024
  10. Dan Campbell (Detroit Lions): January 20, 2021; extended through 2027
  11. Nick Sirianni (Philadelphia Eagles): January 21, 2021; signed offseason extension
  12. Brian Daboll (New York Giants): January 28, 2022
  13. Kevin O’Connell (Minnesota Vikings): February 2, 2022; signed offseason extension
  14. Mike McDaniel (Miami Dolphins): February 6, 2022; extended through 2028
  15. Todd Bowles (Tampa Bay Buccaneers): March 30, 2022; extended through 2028
  16. Sean Payton (Denver Broncos): January 31, 2023
  17. DeMeco Ryans (Houston Texans): January 31, 2023
  18. Shane Steichen (Indianapolis Colts): February 14, 2023
  19. Jonathan Gannon (Arizona Cardinals): February 14, 2023
  20. Brian Callahan (Tennessee Titans): January 22, 2024
  21. Jim Harbaugh (Los Angeles Chargers): January 24, 2024
  22. Dave Canales (Carolina Panthers): January 25, 2024
  23. Raheem Morris (Atlanta Falcons): January 25, 2024
  24. Mike Macdonald (Seattle Seahawks): January 31, 2024
  25. Dan Quinn (Washington Commanders): February 1, 2024
  26. Mike Vrabel (New England Patriots): January 12, 2025
  27. Ben Johnson (Chicago Bears): January 20, 2025
  28. Aaron Glenn (New York Jets): January 22, 2025
  29. Liam Coen (Jacksonville Jaguars): January 23, 2025
  30. Pete Carroll (Las Vegas Raiders): January 24, 2025
  31. Brian Schottenheimer (Dallas Cowboys): January 24, 2025
  32. Kellen Moore (New Orleans Saints): February 11, 2025

Broncos S P.J. Locke Expected To Be Healthy By Training Camp Following Spinal Fusion

P.J. Locke played in the Broncos’ wild-card loss but was then unable to participate in team drills during minicamp this spring. The sixth-year safety was sidelined as a result of the spinal surgery he underwent following the 2024 campaign.

As detailed in a video released on Locke’s YouTube channel, an MRI conducted one day after Denver’s season came to an end revealed a spinal fusion would be necessary. The procedure was a success, something which is key for Locke and the Broncos’ secondary. A full recovery in time for training camp is expected, Luca Evans of the Denver Post reports.

“I feel like, man, it’s just been a miracle,” Locke said in the video when reflecting on his recovery process. “I feel like it’s been a breakthrough that I’ve been praying for.”

A former UDFA, Locke did not register any starts across his first three Broncos seasons. He took on a much larger workload in 2023, however, logging a 69% snap share. Last season, the 28-year-old was on the field for over 1,000 defensive snaps.

The Talanoa Hufangaaddition, though, is expected to demote Locke to the backup level. Hufanga and Brandon Jones are positioned to start, but Locke — after two seasons as a defensive regular — represents high-end depth. This safety trio will be counted on to help Denver’s defense repeat last year’s defensive success (No. 3 in points allowed) in 2025.

Locke re-signed with the Broncos last March, and the $3.5MM average annual value of that pact represented a notable raise from his previous deals. The Texas product enters the coming campaign as a pending free agent, though, so his performance will be critical in determining his future. Provided the final stages of his rehab process go as planned, Locke will be available once training camp starts later this month in advance of an important campaign for himself and the Broncos.

Broncos Eyeing Nik Bonitto Extension?

JUNE 26: While a Bonitto deal could be worked out prior to Week 1, Parker Gabriel of the Denver Post writes a repeat of the Jonathon Cooper situation could be in store. The latter’s four-year, $60MM extension came about in November, a sign of Denver being willing to work out lucrative deals in season. It will be interesting to see how urgently both sides approach an extension in Bonitto’s case.

JUNE 23: The Broncos could be looking to lock up one of their top pass rushers as soon as possible. Nick Kosmider of The Athletic says “it’s fair to assume talks will heat up” between the Broncos and Nik Bonitto as training camp approaches.

Kosmider points directly to last offseason, when the team signed offensive lineman Quinn Meinerz and cornerback Patrick Surtain II just before the start of the regular season. The front office may be following a similar timeline with Bonitto, and Kosmider believes it isn’t in the team’s best interest to drag negotiations into the regular season.

Specifically, the writer is wary of Bonitto quickly compiling some early-season sacks that “could further drive up his asking price.” The former second-round pick is already eyeing an average annual value of at least $20MM, with Kosmider citing Greg Rousseau‘s four-year, $80MM deal and even Brian Burns‘ five-year, $141MM extension.

Bonitto doesn’t have the same starting track record as those two pass rushers, but he is one of the ascending players at his position. After collecting eight sacks in a part-time role in 2024, the linebacker collected 13.5 sacks in his first full season as a starter. That performance earned him second-team All-Pro honors, and Bonitto’s camp will surely be pushing for him to be among the highest-paid players at his position.

Bonitto may also be inclined to see where extensions land for the likes of T.J. Watt, Micah Parsons, and Trey Hendrickson come in, which could slightly delay negotiations between the two sides. Either way, it sounds like the 25-year-old will eventually be signing a lucrative contract, and the Broncos are hoping he’ll put pen to paper as soon as possible.

Russell Wilson Asked Broncos For Fully Guaranteed Deal, Irked NFLPA Boss By Accepting Less

The NFLPA’s grievance aimed at proving NFL owners colluded to prevent other teams from matching the Browns’ fully guaranteed Deshaun Watson extension did not produce a win. A ruling by an independent arbitrator earlier this year did not find sufficient evidence to determine collusion definitively occurred.

But an investigation from veteran reporter Pablo Torre revealed a trove of information regarding some recent quarterback negotiations and the fallout they produced. The Pablo Torre Finds Out podcast’s report addresses the Cardinals’ 2022 Kyler Murray talks and the Ravens’ first wave of Lamar Jackson negotiations. It also delves into the Broncos’ seminal discussions with their then-hopeful long-term QB solution.

While the NFLPA could not ultimately prove collusion, the investigation featured System Arbitrator Christopher Droney concluding (via Pro Football Talk’s Mike Florio), “There is little question that the NFL Management Council, with the blessing of the Commissioner, encouraged the 32 NFL Clubs to reduce guarantees in veterans’ contracts at the March 2022 annual owners’ meeting.

Based on the blowback Jimmy and Dee Haslam received from owners upon agreeing to an ultimately disastrous Watson extension (five years, $230MM fully guaranteed), little doubt existed about owners’ desire to prevent such a deal from happening again. A key chapter in this saga occurred in Denver during Russell Wilson‘s summer 2022 extension talks.

Wilson arrived in Denver as the franchise’s biggest swing during a near-decade-long effort to find a long-term Peyton Manning replacement. The Broncos had tried free agents (Case Keenum), early-round draft choices (Paxton Lynch, Drew Lock) and lower-level trade acquisitions (Joe Flacco, Teddy Bridgewater) but did not see any of them become the primary starter for more than a season. Former seventh-rounder Trevor Siemian made the most starts for the team between its Super Bowl 50 victory and the conclusion of the 2021 season. Enter Wilson, whose trade to Denver emerged hours after Aaron Rodgers — a multiyear Broncos target after the future Hall of Famer had listed the team as an acceptable destination amid a standoff with Packers management — agreed to stay in Green Bay.

Through Torre and Florio’s pursuit, the NFLPA’s collusion case is now public (via Florio). A notable section of the case covers Wilson testimony indicating he requested a fully guaranteed seven-year extension from the Broncos that covered around $50MM per year. That would have covered around $350MM and reminded of a baseball contract. Wilson’s agent, Mark Rodgers, has otherwise repped MLB talent. The camp also drove hard bargains in Seattle during 2015 and 2019 negotiations; the Seahawks not wanting to partake in another round of re-up talks helped influence the trade.

Rodgers had just moved the QB market to $50MM per year via his March 2022 Packers extension, but that complex deal had been, as it turned out, designed to be traded rather than fully bringing the market to the $50MM-AAV place. It took until Jalen HurtsApril 2023 extension to move the barrier beyond $50MM on a long-term deal, as the Broncos and Wilson agreed on an accord just south of that place.

Wilson and the Broncos agreed on a five-year, $245MM pact in September 2022. The team’s ownership change, approved in August 2022, delayed an extension from becoming final. Wilson viewed the Broncos as “getting cold feet” regarding a fully guaranteed deal after acquiring him.

Communication uncovered via the investigation indicate Rich Hurtado, the Broncos’ VP of football administration and chief negotiator, emailed GM George Paton a series of talking points ahead of the latter’s meeting with incoming CEO Greg Penner. In the email, Hurtado said he believed the Broncos held leverage in Wilson talks and that he could not foresee another team going to the fully guaranteed well the Browns did with Watson.

Watson held unique leverage due to four finalists (the Browns, Falcons, Panthers and Saints) having agreed on trade terms with the Texans. Cleveland won out, after previously being eliminated, due to the whopping guarantee proposal. Wilson was tied to one team, and the Broncos — via the QB’s Seahawks deal (four years, $140MM) — had their new centerpiece player signed through the 2023 season. The franchise tag, which has been a key tool in efforts to limit players during its three-plus-decade history, also served as a tool the Broncos could have used down the line.

Another notable nugget from the Wilson sector of the report involves a Penner handwritten note questioning why the Broncos needed to force the issue with Wilson in 2022. The incoming boss cited the two years remaining on the Seahawks-constructed deal as a reason the Broncos did not need to extend him immediately. Paton had also informed Wilson’s agent a Watson-level guarantee was a “nonstarter.”

In an email sent from Penner to two other members of the Broncos’ ownership group, Penner said Paton informed him the Broncos’ final proposal, regarding guarantees, was “far less than Watson,” and addressed the “benchmark” it set for the rest of the NFL regarding future negotiations. Penner also stated, when forwarding one of the Broncos’ Wilson offers to some in the Broncos ownership ranks, nothing in the deal “other owners would consider off market.”

At the time, the Broncos were believed to want to beat the QB market to the punch by extending Wilson in 2022. Wilson’s concerning play that season made that a poor decision. Wilson received $124MM fully guaranteed — a number still relevant to the Broncos due to the $84MM-plus dead money bloodbath that ensued because of the declining QB’s March 2024 release — but that number checking in so far south of Watson’s $230MM irked then-NFLPA president J.C. Tretter.

In texts with former NFLPA executive director DeMaurice Smith on July 8, 2024, Tretter lampooned Wilson (via Torre) for not pushing harder for a fully guaranteed Broncos deal. “Instead of being the guy that made guaranteed contracts the norm, he’s the guy that ruined it for everyone,” Tretter said.

This exchange came after Tretter’s time as NFLPA president had ended; the union elected linebacker Jalen Reeves-Maybin as its new leader on March 8, 2024. Lloyd Howell succeeded Smith on June 28, 2023. (However, Howell had named Tretter as the NFLPA’s chief strategy officer by that point.) It is not exactly shocking to learn an NFLPA power broker was upset at a player not setting an impactful precedent — one that could have given other marquee players a gateway to land NBA- or MLB-style fully guaranteed contract structures — but Torre reports one of the texts referred to Wilson as a “wuss” for failing to do move his effort past the goal line.

Leadership referring to one of its players as such is obviously notable due to the responsibility the union holds. Part of the reason this document did not surface until now stemmed from Tretter not wanting this text exchange to be made public, Torre reports, citing NFLPA sources. This text exchange also impacted the collusion case as a whole, as Torre adds owners used Tretter’s Wilson remarks as evidence no ownership collusion took place.

Wilson did not live up to the trade return the Broncos sent the Seahawks, but the potential Hall of Fame passer has done incredibly well regardless of that two-year stint or failing to land a fully guaranteed Denver deal. Wilson has earned more than $313MM in his 13-year career. The Broncos are still carrying $32MM in dead money from Wilson’s post-June 1 cut, which came after he and the team feuded over a failed Paton effort to move his guarantee vesting date from 2024 to 2025. Wilson did step up in a precedent-setting effort on this front, a move that also protected him from potentially losing money.

Denver has moved on, via its Bo Nix draft investment, while Wilson signed with the Giants in late March. The Broncos would have tumbled into in a Browns-like abyss had they agreed on the QB’s short-lived full guarantee quest. Had the early Wilson momentum for a fully guaranteed extension — amid a desperate period for the Broncos at quarterback — succeeded, Nix probably is elsewhere. Like the Browns with Watson, the Broncos would have been unable to realistically move on due to the dead money consequences on a fully guaranteed deal.

The AFC West franchise succeeding in not matching the Browns’ guarantee structure for Wilson also helped future teams avoid such commitments, as a host of $50MM-per-year (and one $60MM AAV, via Dallas) contracts have been agreed to without coming close to Watson’s guarantee number since the Wilson-Broncos talks wrapped.

Traded Draft Picks For 2026

Many months remain before teams know where they are picking in the 2026 draft, but many clubs have made moves to acquire 2026 draft capital. Headlined by the Browns and Rams’ efforts, here are the 2026 picks to have changed hands thus far. When more deals involving picks are made (or conditions on moves already completed become known), that information will be added.

Round 1

Round 2

Round 3

Round 4

Round 5

Round 6

Round 7

NFL Minor Transactions: 6/18/25

Here are today’s midweek minor transactions from across the NFL:

Denver Broncos

Kansas City Chiefs

New Orleans Saints

For the second year in a row, Denver is signing a player from the UFL. Last year, Dondrea Tillman contributed five sacks to the Broncos defense a couple months after finishing play with the Birmingham Stallions. Now the team dips back into Birmingham for Goodrich, who resorted to the UFL after spending the 2024 season away from the NFL. The Saints also dipped into the UFL today, taking Green off of the Arlington Renegades and Wesley off the Stallions.

After finally debuting in the NFL last year, despite getting drafted in 2022, Araiza was selected as a Pro Bowl alternate and played in the Super Bowl. Kansas City essentially assured that he would be around in 2025 when they tender him as an exclusive rights free agent, but with Araiza’s signature today, the transaction in complete.