The extension last three years (through the 2019 season) and is worth $33 million, including $20 million in guarantees upon signing and a total of $27 million in guaranteed money. Sanders will still play out his current contract, worth $5.6 million in 2016.
http://www.scout.com/nfl/broncos/story/1681565-5-reasons-you-should-go-p...Sanders is entering his third year with the Broncos after beginning his career with the Pittsburgh Steelers. After not even approaching the 1,000-yard mark in his first four years, Sanders has eclipsed that mark in both of his two seasons with the Broncos.
Although he has often been regarded as the Robin to Demaryius Thomas' Batman, Sanders has been the more consistent of the two, even keeping the Broncos offense afloat during the postseason when Thomas struggled immensely.
Broncos GM John Elway, who just narrowly signed Sanders before he could become a Chief in 2014, spoke about the extension.
“Emmanuel has proven himself as a great player and one of the most productive receivers in this league,” Elway said. “He plays with intensity, and we love the way he competes. We’re thrilled Emmanuel is going to be a Bronco for many more years to come.”
A few of the moves to letting notable and experienced veterans go begin to make more sense now as the money gathered from releasing punter Britton Colquitt, running back Ronnie Hillman, and quarterback Mark Sanchez was ultimately pooled together for the objective of agreeing to the extension that both Sanders and the Broncos coveted during the offseason.
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Will Keys is an Editor for Mile High Huddle. You can find him on Twitter @WillKeys6.