It appears the Denver Broncos have their quarterback of the future, and they’re willing to pay him as such.
The Broncos have offered quarterback Brock Osweiler a three-year contract worth more than $35 million, WUSA’s Mark Klis reported Saturday, citing NFL sources. Osweiler has until Wednesday at 4 p.m. ET to reach a deal with Denver, or he’ll become a free agent.
The Broncos’ reported offer to Osweiler all but confirms their decision to move on from Peyton Manning, who still has yet to announce whether he’ll retire or come back for another season. Manning’s $19 million contract with Denver would be come guaranteed on Wednesday, but he’s expected to make a decision about his future Monday or Tuesday.
Either way, though, the Super Bowl champs reportedly already have decided they won’t bring him back next season, even if he decides to play.
That leaves the Broncos’ future in the hands of the 25-year-old Osweiler, who started seven games for Denver last season. The team went 5-2 in those games, with the Arizona State product throwing for 1,967 yards and 10 touchdowns while tossing six interceptions.
According to Klis, a few other teams in the market for a quarterback, including the Cleveland Browns, Houston Texans and New York Jets, have their eye on Osweiler, placing extra pressure on Denver to lock up its QB.
Thumbnail photo via Mark J. Rebilas/USA TODAY Sports Images