Nik Bonitto’s Breakout Season Puts Pressure on Broncos for Contract Extension
In the wake of a stellar 2024 season, Denver Broncos outside linebacker Nik Bonitto has emerged as a cornerstone of the team’s defense. His performance has not only earned him accolades but also positioned him for a significant contract extension. As the Broncos navigate their offseason priorities, the decision to extend Bonitto’s contract looms large, with implications for both the team’s financial strategy and on-field success.
A Season to Remember
Bonitto’s 2024 campaign was nothing short of spectacular. The former second-round pick from Oklahoma recorded 13.5 sacks, 16 tackles for loss, and two forced fumbles, leading the Broncos’ defense and ranking third in the NFL for sacks. His contributions were pivotal in propelling Denver to its first playoff appearance in nearly a decade. Beyond traditional statistics, Bonitto showcased his playmaking ability with two defensive touchdowns, including a memorable 71-yard interception return against the Cleveland Browns .
His breakout season did not go unnoticed, earning him a Pro Bowl selection and second-team All-Pro honors. These accolades have significantly increased his market value, making the timing of a contract extension critical for the Broncos.
Current Contract and Financial Implications
Bonitto is entering the final year of his rookie contract, a four-year deal worth $5.8 million. Due to his Pro Bowl selection, he qualifies for a Level Three Proven Performance Escalator, increasing his 2025 base salary to approximately $5.2 million . While this raise reflects his on-field achievements, it also underscores the urgency for the Broncos to negotiate a long-term extension before his market value escalates further.
According to Spotrac, Bonitto’s projected market value stands at a four-year, $102.1 million contract, averaging $25.5 million annually. Such a deal would position him among the highest-paid edge rushers in the NFL . For the Broncos, securing Bonitto now could be more cost-effective than waiting, especially if he continues his upward trajectory.
Broncos’ Perspective and Strategic Considerations
General Manager George Paton has publicly expressed a desire to retain Bonitto long-term, emphasizing the team’s commitment to developing and rewarding homegrown talent. However, as of January 15, 2025, Paton confirmed that formal contract discussions had not commenced .
The Broncos’ approach to Bonitto’s extension is influenced by multiple factors, including salary cap considerations and the performance of other key players. With an estimated $54.67 million in available cap space, the team has the financial flexibility to negotiate a substantial deal . However, they must also weigh the potential risks of committing significant resources to a player with one standout season.
Some analysts advocate for a cautious approach, suggesting the Broncos wait to see if Bonitto can replicate his 2024 performance. Concerns center around the sustainability of his production and the possibility that his success was influenced by the team’s defensive schemes . Others argue that delaying an extension could result in a higher price tag if Bonitto continues to excel.
Comparisons and Market Dynamics
The Broncos’ recent contract with fellow edge rusher Jonathon Cooper, a four-year, $54 million deal, provides a benchmark for Bonitto’s negotiations. Given Bonitto’s superior statistics and accolades, his extension is expected to surpass Cooper’s in both length and value .
The broader market for edge rushers also plays a role in shaping Bonitto’s contract prospects. As other top players negotiate new deals, the standard for elite pass rushers continues to rise. For the Broncos, securing Bonitto’s services now could prevent them from facing a more competitive and expensive market in the future.
Bonitto’s Perspective and Future Outlook
From Bonitto’s standpoint, the prospect of a lucrative extension is both a reward for his hard work and a motivator for continued excellence. His commitment to improvement and team success suggests he would welcome a long-term deal that reflects his contributions. However, if negotiations stall, Bonitto may opt to bet on himself, aiming to enhance his value with another dominant season.
Conclusion
Nik Bonitto’s emergence as a defensive force presents the Denver Broncos with a pivotal decision. Balancing financial prudence with the desire to retain a rising star, the team must determine the optimal timing and terms for a contract extension. Given Bonitto’s impact on the field and potential for further growth, securing his services now could be a strategic move that benefits the Broncos for years to come.
