Bo Nix, Broncos Agree to 4-Year, $18.6M Rookie Contract After 2024 NFL Draft

Paul KasabianFeatured Columnist IIMay 10, 2024

Hyoung Chang/The Denver Post

The Denver Broncos have signed quarterback Bo Nix to his rookie contract, the team announced Friday.

His rookie deal will be fully guaranteed and worth $18.6 million over four years.

Denver Broncos @BroncosOFFICIAL: QB Bo Nix has signed his rookie contract. ✍️

Let’s get to work, @BoNix10!

📰 » https://t.co/uOa8NtLWx4 pic.twitter.com/Oot73EQcDB

Denver selected Nix, a former Oregon star, with the 12th overall choice in the NFL draft. He enjoyed a phenomenal final season with the Ducks, completing 77.4 percent of his passes for 4,508 yards (9.6 yards per attempt), 45 touchdowns and just three interceptions. He also rushed for 234 yards and six more scores.

The Broncos hope Nix can finally end the quarterback carousel that’s gone down since Peyton Manning retired after the 2015 season.

He should be the team’s starter going into the 2024 campaign as the Broncos look to improve off an 8-9 season that began disastrously (1-5, including a 70-20 loss to the Miami Dolphins) but ended with promise (7-4, including a five-game winning streak).

At the very least, offensive guru (and head coach) Sean Payton has his hand-picked quarterback to work with and mold as he tries to bring the Broncos back to the playoffs after an eight-year stretch on the outside looking in. We’ll see how it all develops soon enough, but Nix is the man now in Denver as the Broncos open the book on a new era.

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