Quarterback Russell Wilson and the Denver Broncos agreed to a reported five-year, $245 million contract extension Thursday, a deal that includes $165 million in guaranteed money, sources told ESPN's Adam Schefter.
The deal is the third-most lucrative contract in NFL history in terms of guaranteed money, with only Deshaun Watson's $230 million and Cardinals quarterback Kyler Murray's $189.5 million outranking Wilson's figure.
It also stakes the 33-year-old's career to the Broncos for the foreseeable future — he's under contract through 2028 — as he tries to join John Elway and Peyton Manning in leading Denver to the Super Bowl plateau.
What ripple effect will the extension have for the team, and for an NFL bracing for a spate of new contracts including one for Baltimore Ravens star Lamar Jackson?