When the Bills cut veteran cornerback Drayton Florence, there was speculation that he’d return to the Chargers. He’s definitely returning to the AFC West, but not to San Diego.
Per a league source, Florence has agreed to terms on a two-year deal with the Broncos. He’ll earn a total of $4.5 million in cash, with up to $1 million in incentives.
He receives a $1.5 million signing bonus, a $1.5 million base salary in 2012, and a $1.5 million base salary in 2013. His 2013 salary increases by $250,000 if he participates in 50 percent of the defensive snaps. Another $250,000 is added at 60 percent, another $250,000 is added at 70 percent, and a final $250,000 is added at 80 percent.
Florence joins a corps of cornerbacks that includes Champ Bailey and Tracy Porter.