Denver Broncos first-round pick Bradley Chubb is reportedly close to finalizing his rookie contract with the team, which will be a four-year deal…
Denver Broncos rookie outside linebacker/defensive end Bradley Chubb is reportedly close to finalizing an agreement on his rookie contract.
Mike Klis of 9News in Denver is reporting the deal will include a signing bonus just shy of $18 million.
Here’s his initial report:
Chubb was the Broncos’ first-round pick out of North Carolina State, and the team likely couldn’t be more thrilled to get this deal done.
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As is stated every single time a rookie is signed, the contracts for draft picks are pre-slotted with the new Collective Bargaining Agreement in the NFL, so the framework for Chubb’s deal was already done.
Sometimes, there are disputes with the contract in regards to the signing bonus and how that is all handled, and we saw that result in a lengthy holdout in 2016 from Los Angeles Chargers top draft pick Joey Bosa.
The Chargers, at the time, wanted to defer Bosa’s signing bonus and he wanted it all up front.
It’s not known based on Klis’ report whether or not Chubb’s signing bonus will be spread out over the four-year length of his deal, or if he will get a bunch of it up front, but we knew going into this offseason that the Broncos had some cash to play with.
With Chubb signing his rookie contract, the Broncos have just one rookie yet to sign his deal, and that is third-round pick Royce Freeman, a running back out of Oregon.
When Freeman signs his rookie deal, it will be a four-year deal as they all are worth roughly $3.2 million.
All of the other Broncos draft picks from the class of 2018 have signed and are under contract more than a month before the start of training camp.