That’s based on a combination of need and the Broncos offering more cash.
According to John Clayton of ESPN, the Broncos tacked on $500,000 per year on average to sweeten their previous offer, pushing the total value to $52.5 million. They also offered to guarantee more than half that amount.
If he doesn’t sign the long-term deal, he could sign his franchise tender and be guaranteed $9.828 million for this season.
Of course, the Broncos have more reasons to get this done than the primary motivation of protecting Peyton Manning’s neck.
Monday’s also when team executives are meeting with owner Pat Bowlen to discuss possible punishments for the DUI arrests of personnel men Matt Russell and Tom Heckert.
Making a big-ticket signing such as Clady would provide a “hey, look over there,” distraction when they have to do some less pleasant business.