This comes in direct contrast with a report from Mike Klis of 9 News, who mentioned last night that the two parties had exchanged offers. According to Klis, the Broncos are offering Thomas “substantially more” than the contract of the $12 million per year Vikings WR Mike Wallace makes.
However, sources told Klis that Thomas is seeking a contract that would exceed the record contract signed by Calvin Johnson.
We’re less than 24 hours before the deadline to negotiate with franchise players, so it appears as though an agreement between the Broncos and Thomas is unlikely to be in place by tomorrow.
Thomas, 27, stands to make a base salary of $12.82 million guaranteed for the 2015 season under the franchise tag.
In 2014, Thomas caught 111 passes for 1,619 yards receiving and 11 touchdowns over the course of 16 games. Pro Football Focus has him rated as the No. 5 receiver in the league out of 110 qualifying players.
We’ll have more regarding contract talks between the Broncos and Thomas as the news is available.