Report: Ryan Clady contract discussions improve after Broncos 'sweeten' offer

The Broncos' contract discussions with tackle Ryan Clady have reportedly improved. (Joe Robbins/Getty Images)

Contract discussions between the Denver Broncos and the franchise-tagged left tackle Ryan Clady on Monday, as the Broncos "sweetened" their offer.

The Denver Post's Mike Klis reported Monday that the Broncos upped a five-year, $50 million offer that they presented to Clady last year, which he rejected. According to Klis, the new offer would make Clady either the second- or third-highest paid offensive tackle in the NFL, behind the Cleveland Browns' Joe Thomas and the Philadelphia Eagles' Jason Peters.

In February, the Broncos placed the franchise tag on their star 26-year-old left tackle. If the two sides cannot agree on a long-term deal by next Monday's deadline, Clady would play out the season on a one-year deal and then become a free agent next offseason. However, he could hold out of Broncos training camp, which is scheduled to begin later this month.