Denver Broncos

Denver Broncos head coach Sean Payton said he liked what he saw from rookie quarterback Bo Nix during practices at the team's rookie minicamp over the weekend. "He had two or three down the field throws [Saturday]," Payton said. "It's almost like watching a good golfer when you watch his game ... there's a patience to how he plays, the ball comes out." The Broncos took Nix 12th overall, which many thought was a massive reach, and hope he will become their next franchise signal-caller. With only Jarrett Stidham and Zach Wilson to compete with, Nix has a clear path to the starting job right away in his first season in the NFL, but the Broncos aren't getting ahead of themselves. "We'll figure it out, we'll figure it out ... We'll have a rotation and we'll go from there," Payton said when asked how the team's QB competition will unfold in the weeks ahead.

The Denver Broncos signed rookie quarterback Bo Nix to his rookie deal on Friday, according to a source. As is the case with all first-round selections, Nix will have a fifth-year team option attached to his first NFL contract. Needing to add more competition to their QB room this offseason after getting rid of Russell Wilson, the Broncos reached for Nix, the former Oregon signal-caller, with the 12th overall pick in last month's NFL draft. The Broncos have admitted that Nix could probably benefit from sitting and learning a year, but it's not like Denver already has a veteran starter in place. Nix, Jarrett Stidham and Zach Wilson will all compete for the starting gig in training camp and the preseason. At best, Nix would be a low-end QB2 in superflex leagues if he's starting out of the gates in Week 1 in 2024.

Denver Broncos quarterback Bo Nix was viewed by many front offices as a backup-caliber player, according to NFL insider Todd McShay. As relayed by Scott Barrett of Fantasy Points, McShay spoke to roughly one dozen teams, and the Broncos were the only one that had a Round 1 grade on Nix. The other teams all had a backup-caliber grade on him. This doesn't necessarily mean that Nix will be a bust and the Broncos will be proven wrong, but it certainly suggests that Denver took a risk by selecting the Oregon product 12th overall in last month's draft. As spring turns to summer, Nix will embark on a competition for the starting quarterback job with Jarrett Stidham and Zach Wilson. He's an appealing dynasty option but can probably be avoided in most redraft leagues for now.

The Denver Broncos have informed quarterback Zach Wilson and his representatives that they won't pick up his fifth-year option, according to sources. The Broncos acquired the New York Jets' former second overall pick in the 2021 NFL draft early last week and then selected QB Bo Nix with the 12th overall pick in this year's draft. Wilson's option would have been for a guaranteed $22.408 million in 2025. The Jets will pay a significant portion of Wilson's $1.055 million base salary in 2024, and he's now headed for free agency next spring. Wilson, Nix and Jarrett Stidham, who started the final two games in 2023 when the team benched Russell Wilson, will compete for the starting job in Denver in training camp this summer. It's a fresh start for Wilson, but he has not looked like a starter in his first three years in the league with a 57% completion rate, 25 interceptions and 23 touchdowns.

Denver Broncos running back Javonte Williams will be the team's unquestioned lead back in 2024 if he's healthy, and the team is hopeful he'll more closely resemble the RB who rushed for 903 yards and four touchdowns in his rookie season. However, rookie Audric Estime, who was taken in the fifth round of this year's draft out of Notre Dame, could quickly put himself in the mix in 2024. He had limited wear and tear in college and could be the goal-line answer in the backfield that the Broncos missed in 2023. The 20-year-old stands at 5-foot-11, 221 pounds and is a powerful and physical runner. He had 1,341 rushing yards and 18 touchdowns for the Fighting Irish in 2023 on 210 carries. At best, Estime might be a touchdown-dependent, goal-line guy, but he's a long shot to carve out much fantasy value as long as both Samaje Perine and Jaleel McLaughlin stay healthy.