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Football Outsiders Reavels Broncos' Best & Worst Contracts Handed Out in 2022 Free Agency

Did George Paton get good value in the free-agent deals he handed out this offseason?

The Denver Broncos signed several free agents during the offseason and the question will be how each of them lives up to the contracts they signed.

The deals range from the five-year, $70 million contract with $28M fully guaranteed for edge rusher Randy Gregory to the one-year deals that the likes of Billy Turner and Kareem Jackson signed.

Which of the deals are the best value, though? Football Outsiders evaluated some of the contracts to determine the value they represent.

Bryan Knowles explained how the site created its Performance-Adjusted Yearly Monetary Expectation (PAYME), with this metric compared to the actual contracts signed.

Contracts worth $4M per year or more were evaluated, but FO did look at a few other notable players whose deals checked in below that threshold. Only contracts for unrestricted free agents that were signed in the 2022 NFL league year were evaluated.

While you won't find an analysis of deals signed during the 2021 season (such as Tim Patrick and Courtland Sutton) or for restricted free agents (like Calvin Anderson and Andrew Beck), the metric does give some insight into what deals Denver handed out were worth it and what might be an overpay.

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Here's what Knowles had to say about Broncos contracts evaluated.

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Green Bay Packers guard Billy Turner (77) against the Arizona Cardinals at State Farm Stadium.
San Francisco 49ers defensive tackle D.J. Jones (93) watches the game against the Oakland Raiders during the third quarter at Levi's Stadium.
Dallas Cowboys defensive end Randy Gregory (94) on the field during a time out in the second quarter against the Arizona Cardinals at AT&T Stadium.
Jacksonville Jaguars running back James Robinson (25) is tackled by Denver Broncos linebacker Josey Jewell (47) at TIAA Bank Field.
Kareem Jackson

Regardless, the Football Outsiders is one way to look at the value of a contract. However, as with any player, what ultimately matters is what the player does on the field. That will really tell you whether the contract is a good deal or not.

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