Denver Broncos safety Justin Simmons signed his franchise tag tender on Tuesday, according to ESPN's Adam Schefter.
Per Over the Cap, Simmons was due to earn $11,441,000 on the tag.
The Broncos' third-round pick of the 2016 NFL draft has been excellent for Denver, starting in his past three seasons.
The 26-year-old registered four interceptions, 15 passes defended and 93 tackles for the Broncos in 2019, playing an integral part of the NFL's 10th-best scoring defense.
Simmons was named to Pro Football Focus' All-Pro team, with PFF's Sam Monson writing:
"The best-graded safety in the NFL this season, Denver’s Justin Simmons has been a stellar performer in all areas.