Denver Broncos owner Greg Penner and the Walton-Penner ownership group are flexing their financial muscles once again, committing big money to key signings Evan Engram, Dre Greenlaw, and Talanoa Hufanga. The trio of free-agent moves brings the total non-guaranteed contract value for these players to around $106 million.
Tight End:
The Broncos landed a coup with tight end Evan Engram, who signed a two-year deal worth $23 million. In contrast, Juwan Johnson and Mike Gesicki signed similar deals with their respective teams, but for less money. This move pays off if Engram returns to his 2022 form.
Safety:
Talanoa Hufanga joined the Broncos on a three-year deal worth $45 million. While he has taken a step back due to injury in recent years, he could regain his All-Pro form and become a top safety in the league. The value of this move depends on Hufanga’s recovery and performance.
linebacker Dre Greenlaw was signed to a three-year deal worth $35 million after a torn ACL in 2023 reduced his free-agent value. His coverage skills were likely a factor in Denver’s decision, making this a solid but potentially overpaying move if he can’t regain his 2022 form.
The Broncos’ aggressive spending on free agents aims to build contenders for the future. Whether these moves pay off remains to be seen, but one thing is clear – the team is committed to winning now and in the years to come.
Source: https://www.denverpost.com/2025/03/12/broncos-free-agency-evan-engram