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Simmons signed his one-year, $11.44 million franchise tender Tuesday, Adam Schefter of ESPN reports.

Simmons technically has until Wednesday to negotiate a long-term contract extension with the Broncos that would replace the tender, but he appears content to play out the 2020 season on an expiring deal. The 26-year-old safety is coming off a banner 2019 campaign in which he notched 93 tackles, 15 pass breakups and four interceptions over 16 games.

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