The Denver Broncos have agreed to terms on a four-year contract with rookie inside linebacker Drew Sanders, according to KUSA-TV’s Mike Klis.
Sanders, who was picked by the Broncos in the third round (67th overall) of the 2023 NFL draft, is now under contract through the 2026 season.
Based on the NFL’s collective bargaining agreement with players, Spotrac.com estimates that Sanders will receive $5,734,727 over four years with an estimated $1,170,711 signing bonus. His salary cap hit is projected to be $1,042,678 this season.
Sanders projects as a future starter on defense but he is unlikely to start over Josey Jewell or Alex Singleton at inside linebacker as a rookie. While competing for rotational playing time at linebacker, Sanders will likely contribute primarily on special teams in 2023.
Sanders could also provide depth at outside linebacker in addition to competing for snaps at inside linebacker. He has experience at ILB and OLB from his time at Alabama, where he played before transferring to Arkansas ahead of the 2022 season.
Sanders is the fifth and final member of Denver’s draft class to sign.