Russell Wilson agrees to 5-year extension worth $245 million with Denver Broncos, sources say, including $165 million guaranteed.

Denver Broncos and star quarterback Russell Wilson Sources tell ESPN’s Adam Schefter that they have reached an agreement on a $245 million contract extension that includes $165 million guaranteed.

Acquired by the Broncos in a blockbuster offseason trade with the Seahawks, Wilson is now under a seven-year, $296 million contract with Denver.

The megadeal is the third-most lucrative contract in NFL history in terms of guaranteed money, behind a Browns quarterback. Deshaun Watson$230 million and the Cardinals quarterback Kyler Murray$189.5 million.

The extension pays Wilson an average salary of $49 million per year and will keep him in Denver through the 2028 season. He is set to make $24 million this season and $27 million next year before the extension kicks in.

Wilson, 33, said at the start of training camp that he hopes to be Denver’s quarterback for a “long, long time,” and general manager George Patton has repeatedly said a long-term extension is one of the Broncos’ top priorities. Nine-time Pro Bowler.

The Broncos traded five draft picks, including two first-round and two second-round picks, and three players to the Seahawks to acquire Wilson last March — looking for stability and stardom at quarterback, which has been a problem since Peyton Manning’s retirement. In 2016.

Wilson’s 292 career touchdown passes are the second-most by a quarterback in league history in his first 10 NFL seasons, behind Manning’s (306). Tom Brady (324) and Aaron Rodgers (317) Only two players in the last 10 years have more touchdown passes than Wilson.

Wilson has also been a consistent winner throughout his NFL career — quarterbacking the Seahawks to their only Super Bowl title in franchise history — beating the Broncos in Super Bowl XLVIII after the 2014 season. 113 wins by a starting quarterback (regular season and postseason combined) in his first 10 seasons by any NFL player.

Wilson’s Broncos debut will be a homecoming of sorts on Sept. 12 when Denver visits Seattle on Monday Night Football.

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