Justin Simmons, Broncos Exchange Offers

The Broncos placed the franchise tag on safety Justin Simmons last month, and it sounds like things could be progressing toward a long-term deal.

Speaking to local Denver media ahead of the draft, GM John Elway said the two sides were in “active negotiations,” per Mike Klis of Denver 9 News. “We’re in negotiations right now,’’ Elway said. “We’ve given them [an] offer and they gave us an offer back,” he revealed. Simmons is currently set to make $12.7MM under the tag in 2020, and the sides have until July 15th to hammer out an extension.

The Bears’ Eddie Jackson is currently the league’s highest-paid safety at $14.6MM annually, and it’s likely that Simmons is looking to eclipse that. Klis thinks he’ll end up somewhere close to $14MM. The Broncos already have fellow safety Kareem Jackson on a three-year, $33MM deal, so they’re going to have an expensive safety duo no matter what.

Simmons had a breakout season in 2019, when he started all 16 games for the second year in a row. He picked off four passes and batted down another 15, earning Pro Football Focus’ highest grade for any safety. The Boston College product turned 26 in November.

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