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Demaryius Thomas contract breakdown

9NEWS Broncos Insider Mike Klis broke down the contract that wide receiver Demaryius Thomas signed before the Franchise Tag deadline

Thomas signed a Five-year, $70 million dollar contract that guarantees $43.5 million but according to Klis, Thomas turned down the chance to become the highest-paid receiver in the league.

Klis says that on June 1st, the Broncos offered Thomas a seven-year deal that was worth $100 million dollars, with $42 million in total guarantees. This deal would have made Thomas the second highest-paid receiver($14.29 million) in the league annually.

Thomas's agent Todd France ended up declining that offer because the final two-years of that proposed deal were not guaranteed.