Broncos, Ryan Clady agree to five-year contract extension

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Ryan Clady and the Broncos have a deal.

A league source tells PFT’s Mike Florio that Clady, the team’s franchise left tackle, has agreed to a five-year contract extension with a base value of $52.5 million and a maximum value of $57.5 million. Clady will need to be an All-Pro twice during the next five years to earn the maximum incentives.

The contract includes $33 million guaranteed, meaning about 63 percent of the base value is guaranteed.

Monday at 4 p.m. Eastern is the deadline for franchise players to sign long-term contract extensions, so assuming everyone’s fax machines are in proper working order, this deal will get sent into the league office with several hours to spare. And Clady will be handsomely rewarded for developing into one of the league’s top left tackles, while Peyton Manning will know who’s protecting his blind side for years to come.