Denver Broncos general manager John Elway spoke to media via a conference call on Wednesday to discuss perhaps the biggest move of the offseason for the team, signing Demaryius Thomas to a long-term contract extension.
Thomas received a 5-year, $70 million deal worth a reported $43.5 million in guarantees. Elway says the Broncos and representatives for Thomas hadn’t talked since early June, but deadlines spur action.
“It really started this morning,” Elway said. I think that we had met with [Thomas’ agent] Todd France back in end of May—first of June—and both got our offers on the table.