Work on a Nik Bonitto extension has taken place throughout the offseason. A deal has now been struck between the Broncos and the ascending pass rusher. 
Bonitto agreed to a four-year extension Thursday, as first reported by NFL insider Jordan Schultz. The pact has a maximum value of $120MM and contains $70MM guaranteed. Bonitto’s extension is now official, meaning he is on the books through 2029. An announcement from his agency notes this pact has a base value of $106MM (h/t Tom Pelissero of NFL Network).
As a result, this latest high-profile piece of Broncos business carries an average annual value of $26.5MM. That figure ranks 10th amongst edge rushers, an indication of the major surge that position’s market has witnessed over course of the offseason. If Bonitto maxes out the value of this pact, he will become the seventh pass rusher to reach $30MM in annual compensation.
In May, it became known talks on a long-term pact were taking place in this case. Since then, Bonitto has increasingly emerged as a priority for Denver, a team which also worked out new deals for receiver Courtland Sutton and defensive lineman Zach Allen in 2025. The latter’s pact is worth $102MM in base value. As such, Bonitto now holds the title as the Broncos’ highest-paid player for the coming season and the top earner for defenders in franchise history.
Starting only five games during his first two Denver seasons, Bonitto showed plenty of potential with eight sacks in 2023. The 25-year-old took another step forward last season, handling a first-team workload and totaling 13.5 sacks. That production resulted in a second-team All-Pro nod along with a Pro Bowl invitation and upped the value of this long-discussed extension. Denver dealt away Baron Browning at the 2024 trade deadline shortly after working out a new deal with Jonathon Cooper. Those transactions confirmed a Cooper-Bonitto pairing was seen as the foundation of the team’s pass rush for years to come.
Bonitto recently expressed optimism about an extension being worked out, with the qualifier that an agreement did not necessarily need to be in place before the start of the regular season. Nevertheless, the Broncos have operated on a similar timeline to the Patrick Surtain negotiations from last summer and finalized a pact days before Week 1. Another member of the team’s core is thus in the fold for the foreseeable future.
The Broncos’ standout 2024 defense contained a league-high six players with at least five sacks. Bonitto led the way in that regard, finishing third in the NFL. Expectations for continued high-end production will be present throughout the length of this pact, especially given his age. The Oklahoma product has amassed 60 quarterback pressures over the past two years, and remaining one of the league’s most disruptive edge rushers would allow for Denver’s defense to continue operating at a high level.
Broncos GM George Paton has been busy retaining a number of core players dating back to the midway mark of last season. The nucleus of a team which reached the postseason in 2024 is even further cemented given today’s news, and Bonitto will look to help lead his team a step further over the coming months with his long-term future secured.