Simmons and the Broncos have reached agreement on a four-year, $61 million contract, Adam Schefter of ESPN reports, The report notes that the star safety's new deal includes $35 million in guaranteed money. In his fifth season with the Broncos, the 2016 third-rounder racked up an IDP-worthy 96 tackles and five picks. Simmons is now slated to reprise his role as the team's starting free safety for the foreseeable future.
Simmons and the Broncos are negotiating a long-term extension, Adam Schefter of ESPN reports. Denver has already applied a franchise tag to Simmons, locking the star safety up for at least the next year. Both sides thus have until July 15 to negotiate an extension, which Schefter says they are "hoping to soon complete." Simmons has racked up over 90 tackles in three straight seasons for the Broncos.
The Broncos will apply the franchise tag to Simmons on Friday, Benjamin Allbright of KOA Colorado reports. Simmons, who was set to become an unrestricted free agent, will receive the franchise tag after another impressive season in 2020 that included 96 tackles (77 solo) and nine pass breakups. Simmons finds himself in unique territory for his position, becoming the first safety since Donovin Darius (2003-2005) to be tagged in consecutive seasons. Broncos general manager George Paton confirmed Friday the team intends to work out a multi-year contract with the star defender, per Zac Stevens of TheDNVR.com. "Designating (Simmons) with the franchise tag is a procedural move that allows us to continue working on a long-term deal," said Paton.
The Broncos intend to reach a long-term contract with Simmons before exploring the possibility of franchise tagging him for a second consecutive year, Ian Rapoport of NFL Network reports. With the franchise tag window opening Tuesday and extending through March 9, new Broncos GM George Paton is faced with one of his first critical decisions. Simmons, who earned the first Pro-Bowl nod of his career while playing on the tag in 2019, is a homegrown player who has developed into one of the premier safety talents in the league. He's set to become an unrestricted free agent, but both sides have expressed interest in reaching an extension. The 27-year-old has composed three consecutive 90-plus tackle seasons, while his nine interceptions since the start of 2019 rank second to only Tyrann Mathieu among safeties. Matt Prater, Ryan Clady, Demaryius Thomas and Von Miller (ankle) all landed long-term extensions with the organization after receiving the franchise tag during John Elway's GM tenure. Paton will be directing personnel decisions this offseason, however.
Simmons finished with eight tackles (five solo) and a tackle for loss in Sunday's 22-16 loss to Kansas City. Simmons finished second on the team in tackles behind fellow safety Kareem Jackson (10). He has 76 tackles with four games to play, putting Simmons on track to top 90 for a third consecutive season.