The Broncos have agreed to terms with defensive lineman Zach Allen on a four-year, $102MM extension, per ESPN’s Adam Schefter.
It was reported back in March that Allen was seeking an extension in the range of $25MM per year. His new contract meets that goal at a $25.5MM APY that ranks third among the NFL’s interior defensive lineman, per OverTheCap.
Allen’s deal also includes $69.5MM in guaranteed money, per Schefter, which would also rank third at the position in terms of total guarantees. If that number represents fully guaranteed money, it would set a new record for interior defensive linemen.
The 27-year-old may not be a household name, but his payday is appropriate after an excellent 2024 season. Allen recorded 8.5 sacks and 15 tackles for loss as a key anchor for a Broncos defense that finished third in points allowed and seventh in yards allowed. He also recorded 75 quarterback pressures, per Pro Football Focus (subscription required), a mark that led all interior defensive lineman and trailed only four edge rushers.
Allen earned a second-team All-Pro selection for his efforts last season, the first such recognition of his career. That gave him the leverage to seek an extension as he entered the final year of the three-year, $45.75MM deal that brought him to Denver in 2023 in the first place. Allen’s new deal represents a raise of more than $10MM per year and will keep him under contract through the 2028 season.
The Broncos, who got veteran wideout Courtland Sutton‘s extension done on Monday, will likely now turn their attention to negotiations with fourth-year edge rusher Nik Bonitto. Allen’s primary partner in the trenches, John Franklin-Myers, has also been pursuing a new contract after a career-high 7.0 sacks last year, but the Broncos have not engaged in contract talks to date. After signing one defensive lineman to a nine-figure deal, Denver seems unlikely to give Franklin-Myers a market-level extension.