The Denver Broncos have reportedly signed tight end Evan Engram to a two-year, $23 million deal that includes $16.5 million in guaranteed money.
The Denver Broncos have their joker at tight end after signing Evan Engram to a two-year deal in free agency. According to Mike Klis of 9News, the deal is broken down in a way that $16.5 million is fully guaranteed and Engram can make up two $23 million over the next two seasons.
Details on Evan Engram contract per source:
2025: $8M signing bonus. $2.99M salary, $510,000 roster bonus. Total: $11.5 million (fully guaranteed).
2026: $10.99M salary ($5M full guarantee). $510,000 per game roster bonus. Total: $11.5 million ($5M full guarantee).#9sports https://t.co/BL1Dl6KqLA
— MikeKlis9NEWS (@mikeklis9news) March 12, 2025
The deal is fairly optimal for Denver given the other tight end being mentioned as a potential target was New Orleans Saints tight end Juwan Johnson who re-signed for an average per year of $10 million. Getting Engram, who is a superior talent, at $11.5 million per year is a good get for the Broncos.
Since 2022 among tight ends, Engram ranks second in receptions, fifth in yards, and sixth in first downs according to Pro Football Focus. While he is 30 and fast approaching the age wall, Engram should provide the Broncos will a solid pass catching option at the position where they literally had zero options all last season.
It’s been a solid free agency so far for the Broncos. All they need now is a couple of running backs.