The contract, which runs through 2019, is worth $33 million
and will include $27 million in guarantees, according to the
NFL's website.
Sanders was set to make $5.6 million this season as part of the
three-year contract he signed in 2014 prior to his new deal.
He was the second leading receiver for the Super Bowl-winning
Broncos last campaign, catching 76 passes for 1,135 yards and
six touchdowns.
"He plays with intensity and we love the way he competes,"
Broncos executive vice president of football operations, John
Elway, said on Twitter.
(Writing by Jahmal Corner in Los Angeles; editing by Sudipto
Ganguly)
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