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With time and money working against them, the Broncos ponied up and committed to C.J. Anderson. On Tuesday, with mere hours remaining before the deadline, the Broncos matched the Dolphins' offer sheet for Anderson. He isn't going anywhere.

John Elway announced the organization's decision via Twitter. And that's where Anderson celebrated his new contract.

So, that means the Broncos are willing to hand Anderson a four-year, $18 million contract. That's not necessarily a bad thing for the team, as Anderson is still just 25 years old and he led the team in rushing with his 720 yards and five touchdowns. More importantly, he averaged 4.7 yards per carry. And, in the postseason, Anderson scored two touchdowns -- including one in the Super Bowl.

Now, with that being said, the Broncos decided to commit that kind of money to Anderson and they still don't even have a quarterback on their roster, unless they're planning on riding with Mark Sanchez next season. Furthermore, they cost themselves millions of dollars by not using a higher tender.

So yes, the Broncos secured their running back for the long-term, but they were forced to do so on terms that another team negotiated with Anderson.

As for the Dolphins, they still need a running back after not re-signing Lamar Miller and failing in their pursuit of Anderson. With most of the top free agents off the market, the team might need to fill the position via the draft. The Dolphins are currently positioned 13th in the first round.

C.J. Anderson is returning to Denver. (USATSI)