Broncos sign Russell Okung to a five-year, incentive-based contract
Now, the Broncos need to figure out who their new left tackle will protect next season.
Russell Okung, the agent, just secured a new contract for Russell Okung, the left tackle.
Okung, who represented himself during free agency as opposed to hiring an agent, signed a five-year contract with the Broncos, as ESPN's Josina Anderson first reported. CBS Sports NFL Insider Jason La Canfora provided confirmation of the deal (along with the Broncos), as well as more financial details.
For Okung, 28, it's an incentive-based contract.
Russell Okung's deal with Denver is essentially 2 contracts in one. He gets $5M guaranteed for 2016 w/chance to make up to $8M in incentives— Jason La Canfora (@JasonLaCanfora) March 17, 2016
Then Denver has a window after the season to opt to pick up an option for a 4yr deal (2017-2020) worth $12M/year w/$20.5M guaranteed...— Jason La Canfora (@JasonLaCanfora) March 17, 2016
Deal provides opportunity to be worth up to $10.6M/yr if Okung can stay healthy and produce this season. He had 1yr offer from DET on table— Jason La Canfora (@JasonLaCanfora) March 17, 2016
And that likely means Ryan Clady won't return to Denver. The Broncos had reportedly approached Clady about taking a paycut, but the two sides reportedly couldn't agree to a restructured deal. Now, according to NFL Network's Ian Rapoport, the team will try to trade Clady, who has a cap hit of over $10 million for each of the last two years on his contract. Clady is also coming off a torn ACL that he suffered last May.
Per La Canfora, that trade will be difficult to engineer.
Okung signing signals end of Clady in Den. His release likely to come. Hard to see a trade there. If any LT gets dealt, my $ on Joe Thomas— Jason La Canfora (@JasonLaCanfora) March 17, 2016
In Okung, the Broncos are acquiring another oft-injured left tackle, though he clearly has the talent to function as a high-quality player. Per Pro Football Reference, Okung has never played in all 16 games of a single season. Still, the Seahawks' former first-round pick was clearly desired on the market.
Now, the Broncos just need to figure out who Okung will be protecting next season.
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