Broncos, Russell Wilson agree to five-year contract extension

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The Denver Broncos have agreed to a five-year contract extension with quarterback Russell Wilson that would keep him in Denver through the 2028 season, ESPN reported Thursday. 

The deal reportedly includes $245 million in new money, $165 million of it guaranteed. 

The deal raises Wilson's previous $24 million salary for 2022 to $57 million, NFL Network reported. He'll accrue $85 million over the first two years of the deal.

In total, Wilson would be under contract for seven years and $296 million — potentially making him a Bronco through the age of 40. 

In March, the Broncos traded two first-round picks, two second-round picks, a fifth-round selection and three players to Seattle to acquire the quarterback. 

In Wilson's 10 seasons with Seattle, he led the Seahawks to nine winning seasons and eight playoff berths. Seattle earned back-to-back Super Bowl trips in 2013 and 2014, defeating the Broncos 43-8 in Super Bowl XLVIII and falling 28-24 to the New England Patriots in Super Bowl XLIX.

The nine-time Pro Bowler struggled through injuries and inconsistency last season, but remains one of the league's best-regarded passers. 

Wilson owns a 104-53-1 regular-season record. He has passed for 37,059 yards, 292 touchdowns and 87 interceptions while also rushing for 4,690 yards and 23 touchdowns in that span. He started 144 consecutive games from 2012 through 2020, missing the only three starts of his Seattle career in 2021 after suffering a finger injury.

Wilson is third in TD-INT ratio (3.36) behind just Tom Brady (3.68) and Aaron Rodgers (5.76) since 2012; they're the only quarterbacks with a ratio above three across that span. Wilson has done this despite being the second-most blitzed quarterback in the league (33.6%). 

Nobody has posted a higher average yards per passing attempt than Wilson since 2012 (7.8 yards per attempt, which is tied with the retired Drew Brees). He's also first in yards per completion (12 yards per completion) and has the most 20-plus-yard air completions (282).

Wilson posted a 9-7 career postseason record with the Seahawks, winning at least one playoff game in his first five seasons with the franchise.