As expected, the Broncos have reached agreement with former Steelers WR Emmanuel Sanders on what is being called a three-year deal worth $15M.
According to Aaron Wilson, $6M is guaranteed (it's unclear whether that's fully guaranteed, but we're guessing it is), and escalators could reportedly push the total value to $18M.
The deal has been struck under controversial circumstances, as Sanders' agent, Steve Weinberg, reportedly made a verbal agreement with the Chiefs, before shopping Sanders to Tampa Bay and Denver.
The 5-11 SMU alum is expected to start in place of Eric Decker, who signed with the Jets earlier in the week. Decker received $15M in full guarantees that cover his 2014 and 2015 salaries.
Sanders was introduced at Dove Valley on Sunday afternoon; he says he had no agreement with the Chiefs, had wanted to end up in Denver all along, and will be joining Peyton Manning & Co. at Duke this offseason.
FWIW, the speedster says he's also open to helping out in the return game; he returned only 16 punts and 41 kicks in four seasons in Pittsburgh, but did post some pretty good averages (10.9 yards and 24.8 yards, respectively).
For more on Sanders, see our story from last night.
Vic Lombardi says Sanders had been expected to draw the same money that Decker ended up getting, and that the deal is a pleasant surprise for the Broncos.
Andrew Mason discusses the Sanders signing.
Jeff Legwold recaps Denver's additions to this point.
Mike Florio explains how the Chiefs could file a grievance, if they want to head down that path.
Andrew Brandt says teams play dirty with contracts as well, so this isn't just an issue with agents.