The Denver Broncos announced Friday that they’ve signed DE Derek Wolfe to a four-year contract extension.
- Mike Garafolo reports that Wolfe’s new contract is worth $36.75 million.
- Ian Rapoport adds that the agreement includes $17.5 million in guarantees and will pay him an average salary of $9.175 million.
- This new agreement will keep Wolfe under team control through the 2019 season.
It’s a big move for the Broncos, as they can now turn their attention to OLB Von Miller and QB Brock Osweiler in the coming months.
Wolfe, 25, was in the final year of his four-year, $5,206,799 rookie contract and was in line to be one of the most sought after defensive players in this year’s free agent market.
In 2015, Wolfe appeared in 12 games for the Broncos and recorded 50 tackles, 5.5 sacks and a pass defense. Pro Football Focus has him rated as the No. 10 defensive end in a 3-4 defense out of 57 qualifying players.
We had him listed as the No. 12 player in our Top 50 Free Agents list.
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