The Denver Broncos are signing quarterback Russell Wilson to a five-year, $245 million contract extension with $165 million in guaranteed money, multiple outlets reported Sept. 1.
Wilson will be under contract with the Broncos for seven seasons and $296 million.
It’s the first significant signing for the Broncos since billionaire Rob Walton, an heir to the Walmart fortune, and his ownership group closed the deal last month to buy the franchise for a record $4.65 billion
The Broncos acquired Wilson in a trade with the Seattle Seahawks in March. Seattle received defensive lineman Shelby Harris, quarterback Drew Lock, tight end Noah Fant, two first-round picks, two second-round selections and a fifth-round pick….