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Russell Wilson asked Broncos for $350M in 2022; owner Greg Penner wondered if deal needed to happen at all, document shows

A summer 2024 arbitration ruling shed unique light on the Broncos’ 2022 contract extension negotiations with former quarterback Russell Wilson, including the quarterback’s initial contract ask and owner and CEO Greg Penner questioning why an immediate long-term deal was necessary.

The document, reported on extensiely and published by reporter Pablo Torre, is an arbiter’s finding that NFL owners did not collude when it came to contract negotiations for Wilson, Baltimore’s Lamar Jackson and Arizona’s Kyler Murray. The three deals came together in the wake of Cleveland giving DeShaun Watson a fully guaranteed, five-year contract.