According to the Denver Post, the Broncos have offered OLT Ryan Clady a five-year, $50 million contract extension with $28 million guaranteed. Reporter Mike Klis got the information from an NFL source.
Clady, who has started all 64 games in his four seasons with Denver since being selected 12th overall by the Broncos in the 2008 draft, is scheduled to make $3.5 million this season, which ranks 31st among NFL offensive tackles.
The team's extension offer would pay him $10 million per season, which would make Clady one of the top five highest-paid offensive tackles. However, the league source said that Clady and his agent, Pat Dye, want a deal that would exceed that of Browns All-Pro OLT Joe Thomas, who averages $11.5 million per season.
If Clady isn't signed to an extension, he would become a free agent after this season unless the team places the franchise tag on him. The franchise-tag number for offensive linemen in 2012 is $9.3 million.
Clady was a first-team Pro Bowler in 2009 and appeared as a Pro Bowl alternate last season.