The full details on the Denver Broncos' mega-extension for Pat Surtain II have emerged.
agreed to terms with Pro Bowl cornerback Patrick Surtain II on a four-year, $96 million extension, which keeps the 2021 first-round pick with the team for the foreseeable future.Let's examine this contract and see what the Broncos did, in terms of taking care of one of their own and how the deal changes the cornerback market.: $10M option bonus and $7.632M base salary, injury only guaranteed, becomes fully guaranteed on fifth day of 2025 league year.: $19.49M base salary, $2.
With that said, the way the contract is structured, Surtain effectively will collect all but $2.179M of his guaranteed money. That's definitely a win for him. Surtain will get more money than he was slated to receive in 2024 because of the $15M signing bonus he garnered. He will be paid $39.5M in the first nine months of the deal and received $54.2M in new guaranteed money. That's a significant sum of money.
It's worth noting that the Broncos didn't use any void years, so Surtain's 2026 option bonus will be pro-rated over four years. With that said, the option is just $10M, so that comes to $2.5M added to his cap charge for the final four years.
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