According to multiple sources, the Denver Broncos have given wide receiver Tim Patrick a three-year contract extension worth up to $34 million. That includes $18 million in guarantees.
The #Broncos are extending WR Tim Patrick, as @mikeklis said. Source says it’s a three-year deal with a max value of $34 million with $18.5 million in guarantees.
— Mike Garafolo (@MikeGarafolo) November 19, 2021
There is always a lot of hyperbole around undrafted wide receivers in Denver thanks in large part of Rod Smith, but there is no denying that Tim Patrick is the closest this team has gotten to getting an undrafted wide receiver as good as Smith was.