Work on a Nik Bonitto extension has taken place throughout the offseason. A deal has now been struck between the Broncos and the ascending pass rusher.
Bonitto agreed to a four-year extension on Thursday, as first reported by NFL insider Jordan Schultz. The pact has a maximum value of $120MM and contains $70MM guaranteed. Once the deal is signed, Bonitto will be on the books through 2029. An announcement from his agency notes this pact has a base value of $106MM (h/t Tom Pelissero of NFL Network).
As a result, this latest high-profile piece of Broncos business carries an average annual value of $26.5MM. That figure ranks 10th amongst edge rushers, an indication of the major surge that position’s market has witnessed over the offseason. If Bonitto maxes out the value of this pact, he will become the seventh pass rusher to reach $30MM in annual compensation.
In May, it became known talks on a long-term pact were taking place in this case. Since then, Bonitto has increasingly emerged as a priority for Denver, a team which also worked out new deals for receiver Courtland Sutton and defensive lineman Zach Allen in 2025. The latter’s pact is worth $102MM in base value. As a result, Bonitto now holds the title as the Broncos’ highest-paid player for the coming season and the top earner for defenders in franchise history.
More to come…