Broncos News: Russell Wilson, Denver Broncos agree to 5-year, $245 million extension

Denver, Colorado, USA; Denver Broncos quarterback Russell Wilson (3) prior to the start of the game against the Minnesota Vikings at Empower Field at Mile High. Mandatory Credit: Ron Chenoy-USA TODAY Sports

New Denver Broncos quarterback Russell Wilson agreed to a five-year, $245 million extension with $165 million in guarantees, per ESPN’s Adam Schefter.

The big picture: After a blockbuster trade from the Seattle Seahawks to the Broncos, Wilson has locked in a massive new contract that makes him the second-highest paid quarterback in the NFL behind Green Bay Packers quarterback Aaron Rodgers.

Russell Wilson: PFF grade and rank since 2012 (postseason included)
Season PFF Grade Rank
2021 73.9 18th of 38
2020 90.5 6th of 38
2019 91.9 1st of 39
2018 88.9 6th of 39
2017 78.8 11th of 41
2016 83.8 6th of 37
2015 82.1 6th of 40
2014 74.5 14th of 39
2013 83.8 6th of 43
2012 90.6 2nd of 39

Click here to view Russell Wilson's career in PFF Premium Stats

A look back: Wilson missed two games in 2021 with a finger injury that hampered his ability to throw for the remainder of the season, and he earned a career-low 70.7 passing grade as a result. However, the two seasons prior were Wilson’s best, as he earned back-to-back 90.0-plus grades and led all players in PFF wins above replacement in 2019.

An upgrade for the Broncos: Since entering the league in 2012, Wilson leads the NFL in completions (298), yards (10,159) and touchdowns (105) on passes thrown 20 or more yards downfield. That deep passing touchdown total since 2012 is over 40 more than Denver's quarterback room collectively over that span.

What you need to know: Wilson is the consensus QB11 according to PFF Fantasy projections, and he'll travel back to Seattle for the first Monday night game of the NFL season, with the Broncos currently -6.5 on BetMGM.

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