The Broncos announced on Tuesday afternoon they have agreed to terms on a one-year contract with Mathis, a two-time Pro Bowl guard who spent his last four seasons with the Eagles. NFL Media Insider Ian Rapoport reported that Mathis will earn up to $4 million with incentives tied to playing time. He turned down a $5.5 million offer from another team because of his desire to play for a contender, according to a source involved of the deal. Mathis signed his new contract Wednesday morning.
Mathis represents a huge upgrade for a Broncos team that started three players without a snap of NFL experience in their most recent preseason game. Mathis missed seven games with a knee injury last season, but played at a Pro Bowl-level upon his return. ProFootballFocus.com graded Mathis as the No. 2 guard in the NFL last season. He topped the site's guard rankings from 2011 to 2013.