The Denver Broncos have agreed to terms with first-round pick Paxton Lynch.
The Broncos traded up five spots in the 2016 NFL Draft to take Lynch, preventing the Dallas Cowboys of doing the same. Mike Klis of 9News in Denver reported that he signed his four-year deal worth around $9.5 million with a guaranteed bonus of $5.09 million.
The quarterback can exercise his fifth-year option following the 2018 season.
Currently, Paxton Lynch is listed as No. 3 quarterback on the unofficial depth chart, but has been sharing reps with Mark Sanchez and Trevor Siemian. He is the last of the Broncos’ eight draft picks to sign their rookie deals.
Throughout his three-year career with the Memphis Tigers, Lynch threw for nearly 8,900 yards and 59 touchdowns while rushing for 687 yards and 17 touchdowns.
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