Patrick Surtain II is sticking around in Denver for the foreseeable future, Broncos fans! Buckle up because this ride is just getting started.
A New Era and Payday in Mile High
The contract details have been unveiled, and they’re enough to make any Bronco enthusiast do a double-take. Here’s the breakdown, straight from the horse’s mouth (pun intended):
- Signing Bonus: $15 million – a whopping kickstart to the deal!
- 2024 Training Camp Roster Bonus: Each training camp roster in 2024 will earn him a fully guaranteed $2.463 million.
- 2024 Base Salary: Set at a guaranteed $1.055 million. Chump change for someone of his caliber, right?
- 2025 Option Bonus: An eye-popping $21 million, fully guaranteed if paid by March 31, 2025.
- 2025 Base Salary: A guaranteed $1.17 million.
- 2026 Option Bonus: A cool $10 million, initially guaranteed for injury and becomes fully guaranteed by the fifth day of the 2025 league year.
- 2026 Base Salary: An impressive $7.632 million, with similar guarantee structures as the option bonus.
- 2027 Base Salary: A gargantuan $17 million, guaranteed for injury at signing and fully guaranteed on the fifth day of the 2026 league year.
- 2028 Base Salary: A pack-leading $19.49 million, with $2.179 million guaranteed for injury at signing and further guarantees tied to the 2026 and 2027 league years.
- 2028 Per-Game Roster Bonus: A potentially lucrative $510,000 total.
- 2029 Base Salary: An astounding $23.49 million, sitting beautifully in the bank.
Breaking Records and Setting Benchmarks
In total, this contract could make even the staunchest Brady or Mahomes admirer take notice. The new-money average on the four-year extension? $24 million a year — a new high-water mark for defensive backs, surpassing previous averages by an incredible $3 million annually. If that doesn’t make you jump out of your seat, how about this – it comes with a record-breaking $77.5 million in total guarantees! Surtain’s performance secured this payday, and it shows that he’s worth every penny. Plus, $39.5 million is hitting his pocket within the first nine months!
This move by the Denver Broncos could change the game in how teams approach contract negotiations with their defensive stars. While many squads wait until after the fourth year of a first-rounder’s contract due to salary advantages, the Broncos opted to leapfrog the line for Surtain, recognizing his undeniable impact on their secondary.
Setting the Scene for Future Triumphs
The Broncos’ decision to ink this deal now instead of waiting is a testament to their understanding of the evolving market dynamics. Surtain had two years remaining on his rookie contract. By signing this extension, he’ll make significantly more over the next three years than he would have under the original deal, including an extra year’s projected franchise tag value and an additional $11 million!
Broncos Country, gear up for more jaw-dropping plays and heart-stopping moments from Patrick Surtain II. His presence will solidify Denver’s defense, likely making them tougher than a two-dollar steak for years to come. It’s safe to say: Mile High Magic is back! #Broncos #SurtainTheSecond #NoFlyZone
