Report: Broncos Offering Brock Osweiler A Three-Year Deal Worth More Than $45M

Mike Klis of 9News is reporting that the Broncos have offered QB Brock Osweiler a three-year contract worth more than $45 million.

• According to Klis, the Broncos’ $45 million-plus offer also includes incentives. However, it’s uncertain how much of this offer is fully guaranteed.
• Klis believes the Texans, Browns and Jets could be among the interested teams in Osweiler if he ends up being available at the start of free agency.

As for Peyton Manning, Klis mentions that the Broncos will get an update regarding his plans for 2016 on either Monday or Tuesday.

If Manning doesn’t have a decision for them, he’ll be released before his $19 million salary becomes fully guaranteed on Wednesday.

Last night, Troy Renck of the Denver Post reported that the Broncos have made Osweiler an offer somewhere between the $12.27 million Rams QB Nick Foles is making and the $16 million salary Bengals QB Andy Dalton is making.

This figures to be one of the more interesting situations to watch in the coming days, as Osweiler is now the best available quarterbacks in this year’s free agent market.

Osweiler, 25, played out the final year of his four-year, $3.516 million rookie contract and will be an unrestricted free agent next week.

In 2015, Osweiler threw for 1,967 yards while completing 61.8 percent of his passes to go along with 10 touchdowns and six interceptions over the course of seven games. Pro Football Focus has him rated as the No. 20 quarterback out of 37 qualifying players.

We have him featured in our Top 100 – 2016 Free Agents list.