The Broncos have been busy handing out money to their wideouts recetnly, extending both Courtland Sutton and Tim Patrick over the past few weeks. Thanks to Mike Klis of 9News in Denver, we’ve now got some details on those new contracts.
Patrick’s contract was reported as a three-year pact worth a max value of $34MM, including $18.5MM in guaranteed money (via Twitter). In 2021, Patrick will earn a $3MM signing bonus and a $1.5MM base salary (prorated from $3.3MM), all of which is guaranteed. The wideout will earn a $6.96MM roster bonus and $1.53MM base salary in 2022, with the entire $8.5MM guaranteed. Patrick’s 2023 and 2024 earnings are relatively similar; he’ll have $500K in game-day bonuses in both 2023 and 2024, along with $8MM (2023) and $9.4MM (2024) base salaries. His 2023 salary includes a $5.5MM injury guarantee.
Sutton’s new deal was reported as $60.8MM total, with $34.9MM guaranteed. Sutton’s new deal includes a $6MM signing bonus (via Twitter). He’ll earn another $10.5MM via a 2022 roster bonus (along with a $1.5MM base salary in 2022). In 2023, he’ll earn a $14MM salary with $500K worth of roster bonuses, and he’ll get similar bonuses in 2024 (along with a $13MM salary (of which only $2MM is guaranteed for injury only)). 2025 is the final year of the wideout’s contract, with Sutton earning a $13.5MM salary (and a $500K bonus).
Photo courtesy of USA Today Sports Images.