Matt Prater and the Broncos agreed to a four-year contract extension.
Denver Broncos, Matt Prater Agree To 4-Year Extension
Denver used the franchise tag on Prater this spring to keep him on the team. That would have guaranteed him a one-year salary of $2.6 million. Financial terms of Prater’s new deal were not disclosed as of Monday afternoon.
The length of the contract differs from reports that surfaced in June claiming that the two sides were nearing completion of a five-year deal.
Read Article >Matt Prater, Broncos Getting Close To 5-Year Contract
Per the report, it’s a five-year contract.
The two sides have been negotiating a deal and enough progress has been made for the Broncos to believe something will be finalized soon, the Post reports:
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