The Denver Broncos signed quarterback Kyle Orton to a one-year contract extension that will pay him roughly $9 million in 2011, a league source confirmed.
Even though the Broncos drafted Tim Tebow in the first round and traded for Brady Quinn, Orton remains the quarterback of the foreseeable future.
Orton is playing this season under a one-year, $2.621 million tender.
"I am excited to announce that we have agreed on an extension of Kyle Orton’s contract," Broncos coach Josh McDaniels said. "His leadership and knowledge of the offense have enabled him to have a solid offseason and training camp, and we are collectively looking forward to the 2010 season."
Orton is 29-19 as a starting quarterback, ranking eighth among active players.
"I really enjoy playing for the Denver Broncos as well as being part of this organization and this community," Orton said.. "This is the place that my wife and I definitely want to be. Considering the labor environment, I’m aware of how difficult it was to get this deal done and am extremely appreciative of all of the hard work and support from Brian Xanders and coach McDaniels during this process."
Last season, Orton had a completion percentage of 62.1 percent for 3,802 yards with 21 touchdowns and 12 interceptions for an 86.8 passer rating.
It was the sixth-most passing yards for a season in team history. And he tied a club record, alongside John Elway, with 10 games with a passer rating of at least 90.0 that tied for fifth in the NFL for the year.
In his five NFL seasons, Orton has thrown for 9,121 yards and 51 touchdowns.
"I’m eager to get this season started and will do whatever I can to help this team be successful," Orton said.
Orton was set to become an unrestricted free agent after this year.
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