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Broncos, Pat Surtain II Impacted by Falcons CB A.J. Terrell’s Mega-Extension

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Broncos, Pat Surtain II Impacted by Falcons CB A.J. Terrell’s Mega-Extension


One extension Denver Broncos fans may be expecting the team to announce in the near future is that of 2021 first-round pick Patrick Surtain II. As one of the top cornerbacks in the NFL, it’s not hard to figure out that the Broncos need to keep him.

One argument for getting Surtain extended sooner than later is that the Broncos can avoid the rising costs in the cornerback market. I have previously discussed, though, that it’s not exactly the case that other cornerbacks have re-set the market.

But another cornerback who entered the final year of his contract got extended in recent weeks. The Atlanta Falcons agreed to a four-year deal with A.J. Terrell, the team’s 2020 first-round pick.

Terrell got a four-year, $81 million deal with $42.344M fully guaranteed upon signing. He got $65.844M in total guarantees and $53.5M in new guarantees.

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The new guarantees are important to note because Terrell was due $12.344M in fully guaranteed salary for 2024, after the Falcons exercised the fifth-year option in his rookie deal. Still, the new guarantees matter, along with full and total guarantees, in figuring out how this contract might impact the negotiations for a Surtain extension.

For starters, while Terrell got near the top in APY salary, he didn’t re-set the market in that aspect. His $20.25M APY salary trails that of Jaire Alexander at $21M. It does represent an increase over the APY salary for L’Jarius Sneed at $19.1M.

Also, Terrell’s APY salary exceeds that of Denzel Ward at $20.1M, but did not exceed Ward’s contract in other aspects. Ward got $44.5M in fully guaranteed money and $71.25M in total guarantees.

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In other words, Ward still holds the highest marks for guaranteed money, whether full or total guarantees. Thus, those numbers are still the ones Surtain is poised to surpass.

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While APY salary can be useful, and it’s likely Surtain will set a new benchmark for APY salary, that isn’t the mark to beat above all else. Full guarantees, total guarantees and new guarantees matter just as much.

Currently, Surtain is due a little more than $3.5M for 2024 and $19.8M for 2025, the latter coming from the fifth-year option the Broncos picked up. If he were to sign a contract during the season, that guaranteed money will be part of the new deal.

Consequently, Surtain and his agent are certain to seek a significant sum of new guarantees. If we assume Surtain was to sign that deal this season and match Terrell’s $53.5M in new guarantees, Surtain would be looking at $76.8M in total guarantees. That would easily surpass Ward’s total guarantees.

However, it wouldn’t surprise if Surtain and his agent would seek to surpass the new guarantees Terrell got. If Surtain got $55M in new guarantees, that would mean he gets more than $78M in total guarantees.

If the Broncos wait until after the season to extend Surtain, the $3.5M he is due this season wouldn’t apply to the extension. Only the fifth-year option of $19.8M would apply. If we assume $55M in new guarantees in a deal signed in 2025, that gives Surtain $74.8M in total guarantees, which still easily surpasses what Ward got.

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Simply put, Surtain is likely to be the cornerback who actually re-sets the market in every aspect. And while it would be great to see him sign a deal sooner than later, how soon he signs an extension won’t change the fact that he’s certain to become the highest-paid cornerback in the NFL by any aspect you consider.

So while the Terrell extension may impact negotiations for a Surtain deal to some degree, Ward’s contract matters just as much in negotiations. It’s easy to look at the wide receiver market and think that somebody is going to do a massive re-set like Justin Jefferson, but among young cornerbacks eligible for extensions, none of them are as talented as Surtain.

If anybody does truly re-set the cornerback market, Surtain is that player. The only question is how soon he and the Broncos come to terms on that new deal.


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The 10 moments that made the Broncos’ playoff return a reality

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The 10 moments that made the Broncos’ playoff return a reality


The Broncos’ route to their first playoff berth since 2015 took them through highs and lows from coast to coast. They lost in Seattle and won in Tampa. They spent a week in West Virginia and played Thursday night on the road twice.

They ripped through Sean Payton’s old division, sweeping four games against the NFC South.

They won three or more straight twice, lost back-to-back twice and ultimately clinched a spot in the AFC Wild Card round on the final day of the regular season.

Along the way, Bo Nix and company turned a low-expectation season into a 10-win success story. Here are the 10 moments that defined the run.

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1. Bo breaks out

Bo Nix (10) of the Denver Broncos throws against the Tampa Bay Buccaneers during the third quarter of the Broncos’ 26-7 win at Raymond James Stadium in Tampa, Florida on Sept. 22, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Week 3 at Tampa Bay

The Broncos set out on a two-game East Coast swing with an 0-2 record and a rookie quarterback who’d thrown four interceptions without a touchdown in his first two starts. Instead of trying to break him in slowly against a solid Tampa Bay team, though, Sean Payton got aggressive. Nix zipped the Broncos down the field by completing four passes for 70 yards and then scoring on a 3-yard run. Denver’s defense snuffed Baker Mayfield and company and the Broncos rolled to a 26-7 win — their first of the season. Not only that, but they got a glimpse of what their young quarterback could do when in rhythm.

2. Hurricane hunters

Denver Broncos safety P.J. Locke (6) sacks New York Jets quarterback Aaron Rodgers (8) on 4th and 10 late in the 4th quarter at Metlife Stadium in East Rutherford, New Jersey, on Sept. 29, 2024. (Photo by Andy Cross/The Denver Post)
Denver Broncos safety P.J. Locke (6) sacks New York Jets quarterback Aaron Rodgers (8) on 4th and 10 late in the 4th quarter at Metlife Stadium in East Rutherford, New Jersey, on Sept. 29, 2024. (Photo by Andy Cross/The Denver Post)

Week 4 at New York Jets

The Broncos spent the work week following Tampa Bay at the Greenbrier in West Virginia. Despite some trepidation about the trip beforehand, Broncos players now look back on it as a galvanizing week for a team still figuring out its identity. Of course, they had some rigmarole, too. The remnants of Hurricane Helene marred the practice week and forced the team onto indoor tennis courts for its Friday practice. That hardly mattered for Vance Joseph’s group, which dominated Aaron Rodgers and the New York Jets that weekend. Nix might have had minus-7 passing yards in the first half, but the defense ensured it didn’t matter. Biggest play of the game: A fourth-and-10 sack of Rodgers by P.J. Locke off the edge. It was a moment when Denver realized it might just have something special brewing.

3. Pick-six Pat

Denver Broncos cornerback Pat Surtain II (2) intercepts a pass for a 100 yard touchdown against the Las Vegas Raiders on Oct. 6, 2024, in Denver. (AP Photo/Bart Young)
Denver Broncos cornerback Pat Surtain II (2) intercepts a pass for a 100 yard touchdown against the Las Vegas Raiders on Oct. 6, 2024, in Denver. (AP Photo/Bart Young)

Week 5 vs. Las Vegas

All of the good vibes the Broncos found in John Denver country looked like it might go for naught back home against the Raiders. Nix threw an early pick, Denver started slow and was on the verge of falling behind 17-3 when All-Pro cornerback Pat Surtain II made one of the signature plays of the season. He snatched a Gardner Minshew overthrow and ran it back 100 yards for a touchdown. Instead of a 14-point hole, the Broncos pulled even with Las Vegas. By the end, Minshew was benched and Denver rolled to a 34-17 win. It put an embarrassing, eight-game losing streak to the Raiders to bed and showed Denver had toughness and resilience.

4. Sean smashes the past

Denver Broncos head coach Sean Payton walks off the field after the second half of the Broncos' 33-10 win over the New Orleans Saints at Caesars Superdome in New Orleans, Louisiana, on Oct. 17, 2024. (Photo by AAron Ontiveroz/The Denver Post)
Denver Broncos head coach Sean Payton walks off the field after the second half of the Broncos’ 33-10 win over the New Orleans Saints at Caesars Superdome in New Orleans, Louisiana, on Oct. 17, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Week 7 at New Orleans

It’s not that Payton didn’t seem happy to be in Denver before this game, but something clicked for him when he took the Broncos to New Orleans for his homecoming bout against the Saints. After Denver smashed the Saints, 33-10, Payton gave perhaps his most introspective public comments since he got the Broncos job. “I’m glad I’m here,” he said, referring to his current employer. There was something cathartic about the win — players knew it meant a lot to their coach — and of course, it mattered in the scorebook, too. It put the Broncos back above water at 4-3 and sent them into a mini-bye week on a positive note.

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5. OLB future set

Jonathon Cooper (0) of the Denver Broncos prepares before the first quarter against the Baltimore Ravens at M&T Bank Stadium in Baltimore, Maryland, on Nov. 3, 2024. (Photo by AAron Ontiveroz/The Denver Post)
Jonathon Cooper (0) of the Denver Broncos prepares before the first quarter against the Baltimore Ravens at M&T Bank Stadium in Baltimore, Maryland, on Nov. 3, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Week 9 at Baltimore

The Broncos only made one move at the trade deadline and it was to send Baron Browning to Arizona despite a 5-4 record. They had more than just the one move in mind, though. Denver the day before their game at Baltimore agreed to a four-year contract extension with OLB Jonathon Cooper, finalizing a choice of direction for the future on the edge.

The solidification of Cooper as a building block coincided with Nik Bonitto’s rise. He entered that week with sacks in six straight games and, though the streak ended against the Ravens, he then went five more games after with at least a half sack. The group entered the season with question marks. Now it looks like a long-term strong spot. That got set in stone with this pair of moves.

6. Progress blocked

Denver Broncos kicker Wil Lutz (3) chases after the ball after his last-second field goal attempt was blocked during the second half of a game against the Kansas City Chiefs on Nov. 10, 2024, in Kansas City, Missouri. (AP Photo/Charlie Riedel)
Denver Broncos kicker Wil Lutz (3) chases after the ball after his last-second field goal attempt was blocked during the second half of a game against the Kansas City Chiefs on Nov. 10, 2024, in Kansas City, Missouri. (AP Photo/Charlie Riedel)

Week 10 at Kansas City

Nix and the Broncos offense authored a defining moment of the season when they drove into position to beat Kansas City in the waning seconds at Arrowhead Stadium. Disaster followed. Wil Lutz’s 35-yard field goal was blocked when the Chiefs caved in the left side of Denver’s protection unit — an issue that had been bubbling for weeks — and stole a win in the process. The Broncos’ postgame locker room was as devastated as you’ll find in the regular season. Denver players vowed to make sure the moment didn’t break their spirits, and indeed from there the group mounted a four-game winning streak to get from 5-5 to 9-5.

7. A helping heave

Javonte Williams (33) of the Denver Broncos celebrates with teammates after scoring a touchdown against the Atlanta Falcons during the second quarter at Empower Field at Mile High in Denver on Nov. 17, 2024. (Photo by AAron Ontiveroz/The Denver Post)
Javonte Williams (33) of the Denver Broncos celebrates with teammates after scoring a touchdown against the Atlanta Falcons during the second quarter at Empower Field at Mile High in Denver on Nov. 17, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Week 11 vs. Atlanta

Perhaps no moment captures how the Broncos rebounded from that crusher in Kansas City better than Javonte Williams’ touchdown “run” against the Falcons the next week. Quotation marks because, of course, Williams didn’t actually run into the end zone. He thumped former Denver stalwart Justin Simmons at about the 4-yard line, pushed him toward the goal line and then hung on while several teammates joined the scrum and literally carried him into the end zone. “That’s a culture play right there,” defensive tackle Malcolm Roach said after his team polished off a 38-6 whooping of the Falcons in which Nix threw for 304 yards and four TDs.

8. Marvelous Marvin

Marvin Mims Jr. (19) of the Denver Broncos catches a pass from Bo Nix (10) before taking it to the end zone during the third quarter against the Cleveland Browns at Empower Field at Mile High in Denver on Dec. 2, 2024. (Photo by AAron Ontiveroz/The Denver Post)
Marvin Mims Jr. (19) of the Denver Broncos catches a pass from Bo Nix (10) before taking it to the end zone during the third quarter against the Cleveland Browns at Empower Field at Mile High in Denver on Dec. 2, 2024. (Photo by AAron Ontiveroz/The Denver Post)

Week 13 vs. Cleveland

Marvin Mims Jr.’s resurgence in Denver’s offense had already begun before the Broncos started a wild, back-and-forth Monday night shootout against the Browns. But he made the single-biggest play of his season so far in the second half. Mims trucked up the seam and hauled in a perfect ball from Nix before racing to a 93-yard touchdown. It only temporarily put Denver up two scores — old friend Jerry Jeudy quickly responded with a 70-yard touchdown — but it served two purposes: The Broncos found a down-the-field option and Mims got uncorked for what has turned into a highly productive stretch run.

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9. Casa Bonitto

Denver Broncos linebacker Nik Bonitto (15) intercepts the ball for a touchdown in the forth quarter against the Indianapolis Colts on Dec. 15, 2024, in Denver. (AP Photo/Bart Young)
Denver Broncos linebacker Nik Bonitto (15) intercepts the ball for a touchdown in the forth quarter against the Indianapolis Colts during a game on Dec. 15, 2024 in Denver. (AP Photo/Bart Young)

Week 15 vs. Indianapolis

The Broncos’ third-year outside linebacker was already in the midst of a breakout season, but he turned the dial up in December. Bonitto ran an interception back for a touchdown against Cleveland and then made the play of his season against the Colts. He read an attempted trick play, snatched a lateral at midfield and ran it back 50 yards for a touchdown. It was part of a scoring blitz that turned a near two-score deficit — thank you Jonathan Taylor — into a comfortable lead and critical victory for the team’s playoff hopes. Bonitto’s 13.5 sacks are accentuated by two touchdowns and several late-game, closer-type plays. This one was all of the above.

10. Clinching time

Week 18 vs. Kansas City

The Broncos missed on two chances to clinch, blowing a 21-10 lead against the Los Angeles Chargers and falling in overtime at Cincinnati. That left just the finale against the Chiefs to get the job done. They caught a break when Andy Reid’s team already had the No. 1 seed wrapped up and sat more than a dozen key players, but they also made sure that break didn’t go begging. Nix threw for 321 yards and four touchdowns, the defense held Carson Wentz and the Kansas City offense to 97 total yards and the Empower Field crowd partied and celebrated a long-awaited return to the postseason.

Marvin Mims Jr. (19) of the Denver Broncos celebrates his second receiving touchdown of the day with Courtland Sutton (14) and Devaughn Vele (17) during the third quarter of the Broncos' 38-0 win over the Kansas City Chiefs at Empower Field at Mile High in Denver on Jan. 5, 2025. (Photo by AAron Ontiveroz/The Denver Post)
Marvin Mims Jr. (19) of the Denver Broncos celebrates his second receiving touchdown of the day with Courtland Sutton (14) and Devaughn Vele (17) during the third quarter of the Broncos’ 38-0 win over the Kansas City Chiefs at Empower Field at Mile High in Denver on Jan. 5, 2025. (Photo by AAron Ontiveroz/The Denver Post)

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Editorial: Here’s how Denver should play the “$tadium Game” to secure a Mile High future

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Editorial: Here’s how Denver should play the “$tadium Game” to secure a Mile High future


At least one thing is crystal clear in the murky waters of mile-high stadium’s future: the Broncos’ new owners are preparing to make a roughly $2 billion investment and Denver’s leaders should pull out – almost — all the stops to make sure that investment is in the city.

All we ask in exchange for this substantial public financial assistance is complete transparency (and of course the continuation of the popular lottery system for affordable tickets to Broncos games).

The elected officials in this state and city must be honest about the value of any proposed land deals, tax breaks, taxing authority or no-bid contractsawarded to some of the wealthiest people in America to help their real estate venture.

The Denver Post launched a four-part special report this month: The $tadium Game. The reporting was stellar as our team looked at the past, the present, and the future of Denver’s sports venues. The city has had some highs in terms of iconic destinations, Coors Field, and some performance lows in the same neighborhood, the Rockies.

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The Broncos are not just another sports franchise. The team’s story from the fledgling Bears to the Super Bowl-winning Broncos is an integral part of our history. Losing the team’s downtown Denver presence at a time when urban communities are struggling to rebound from the work-from-home transformation would be dire. Post-COVID, bars, restaurants, and retail stores have struggled in Denver.

In an ideal world, the Broncos would stay where they are. Taxpayers built Empower Field at Mile High using a regional sales tax. The stadium is now debt-free and our investment is ripe to pay off over the next six years of the Bronco’s lease. The historic Mile High location is brilliant: serviced by light rail, close to downtown, and Empower Field recently received $100 million in upgrades thanks to the new owners.

But the clear trend among pro-sporting franchise owners is using their own stadium to anchor a development project worth billions.

Whether it’s Stan Kroenke slow-playing development of vacant fields he leases from Commerce City for $1 a year surrounding his Major League Soccer field, or Stan Kroenke revving up to redevelop the parking lots around his National Hockey League and National Basketball Association arena in Denver, we can’t argue with the dollars and cents calculations driving these mega-ventures.

Billionaires owning not only the team and the venue but also the entire neighborhood is simply the path forward for professional sports in America. The place where that type of venture would be the most profitable (i.e. lowest cost and highest profit) is often on cheaper, easier-to-develop land in one of the many lovely suburbs that ring Denver.

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That is why The Denver Post editorial board supports using financial incentives to ensure the Broncos’ new stadium — if one must be built — remains in Denver.

Should the Broncos ownership — the Walton-Penner Group — be interested in state-owned land, like the 58 acres at Burnham Yard just west of the Lincoln Park neighborhood, the public needs to know the appraised value of that land upfront.

The Colorado Department of Transportation purchased the land in 2021 for $51 million, which gives us a ballpark value, but property values have grown quite a bit since then.

The same is true for other lands owned nearby like the Denver Water parcel. Denver Water is a government entity that serves its ratepayers, and if the Walton-Penner Group is interested in some of the utilities’ land, accurate appraisals are essential.

When the Raiders were moved from Oakland to Las Vegas, at least there was a record of every single lawmaker who supported and opposed the deal to give the Raiders $750 million in bonds to be paid back with interest using a hotel-room tax.

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On top of helping the Broncos’ owners acquire land downtown with favorable terms, the city is likely to give the Broncos owners’ nearly unlimited taxing authority using a quasi-governmental metropolitan district. The Waltons and Penners — led by heirs to the Walmart fortune Greg Penner and Carrie Walton, who also happen to be related to Kroenke — could use a combination of property taxes, hotel taxes, sales taxes and ticket taxes to pay for the debt of the stadium and other infrastructure projects on the land.

While we are generally opposed to metropolitan districts because of how abused they have been by developers, this structure could make sense for a stadium district, if there was enough oversight to prevent abuse.

The beauty of a taxing district is that the people who use the new stadium and the nearby bars, restaurants, and hotels and live in the new condos would pay for it over time. The City of Denver should not approve a metro district on any land being considered for a new stadium unless the developer agrees that the district’s taxes and spending would have adequate oversight.

This new model for a metro district could have taxpayer dollars overseen by officials elected in a city-wide election rather than a faux election where the landowners just elect their employees to the board to do their bidding. Developers can then spend taxpayer dollars with no oversight.

In Nevada the stadium authority is chaired by appointed public officials to provide just such oversight of the $1.3 billion that will be paid back. And when revenue fell short of making the minimum payments on those bonds last year, the people in Clark County were able to track how much of their other tax dollars were used to backfill the debt payment.

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Because the Broncos bring so much to this city — culture, excitement, and economic stimulus — Denver must be willing to invest. We want the Walton-Penner Group to make heaps of money. We want another championship parade in Denver. And we want to know exactly what our tax dollars are buying.

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Does Bo Nix spell T-R-O-U-B-L-E for Josh Allen? Experts make Bills vs Broncos predictions

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Does Bo Nix spell T-R-O-U-B-L-E for Josh Allen? Experts make Bills vs Broncos predictions


The Buffalo Bills host the Denver Broncos at 1 p.m. Sunday at Highmark Stadium.

The Bills are 9-point favorites according to BetMGM.

The money line for the Bills is -450 (bet $450 to win $100) and +350 (bet $100 to win $350). The over-under is 47 points.

Democrat & Chronicle: Bills 24, Broncos 20

Sal Maiorana writes: “This is not going to be a walk-over for the Bills. Although their offense became the first in NFL history to score at least 30 touchdowns both passing and rushing, and it scored a team-record 62 TDs and 525 points, the Broncos figure to give Allen and company a big-time test.

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“They finished third in points allowed (18.3), second in yards allowed per play (4.9), No. 1 in most sacks (63), third in successful QB pressure rate (37.4%), and third in red zone TD percentage (46.9%).

“The Bills had a league-low eight turnovers and given the fact that it will be tough to move the ball and score, at least at the rate they’ve grown accustomed to this year, they’ll need another clean game because a mistake or two might be all Denver needs.”

Jeremy Cluff writes: “The Broncos have surpassed our expectations this season, but it would really surprise us if they won at Buffalo, where the Bills are 8-0 this season. Denver is just 4-5 on the road. Highmark Stadium will provide a rude playoff debut to Bo Nix.”

Tyler Dragon writes: “The Bills won the AFC East for the fifth straight season. Led by MVP candidate Josh Allen, the Bills are the first team in NFL history with at least 30 touchdown passes (30) and 30 rushing touchdowns (32) in a season. The Broncos clinched their first playoff berth since 2015.

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“The Broncos are ahead of schedule in their rebuild. It’s an accomplishment for Denver to be in the postseason. On the other side, the Bills are legitimate Super Bowl contenders. It’s going to be a tough game for a young, upstart Broncos club in Buffalo. Denver’s stingy defense will make some plays, but the Bills have the more talented roster.

“Buffalo hasn’t lost a game at home this season.”

ESPN Analytics give the Bills a 68.1% shot of winning.

Dimers’ model gives the Bills a 78% win probability.

— Bill Wolcott is a producer who helps cover the Buffalo Bills, high school and Rochester sports in general. The lifelong New Yorker has been a journalist for 30 years.

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