Denver Reaches Agreement With WR Demaryius Thomas

The Denver Broncos previously signed Tim Tebow, and now they've made a deal with their other first-round pick, wide receiver Demaryius Thomas. Thomas, out of Georgia Tech, agreed to a five-year, $12.155 million contract, including $9.35 million guaranteed.

Fantasy Impact: 

Thomas isn't likely to have much value in redraft leagues, but with Denver's veterans reporting today, at least he's not going to be hampered by a long holdout. He has a lengthy transition period ahead, as Georgia Tech's offense was old school and run-oriented while the Broncos like to utilize spread formations and the passing game.

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