Denver Broncos quarterback Bo Nix is currently holding out from team activities, citing his recent contract negotiations as the primary reason. The 12th overall pick in the 2024 NFL Draft, Nix signed a four-year rookie contract worth $18.61 million, making him the first first-round quarterback from the 2024 draft class to secure a deal . This contract includes a fifth-year team option, aligning with the standard structure for first-round picks.
Despite the contract being finalized, Nix has expressed concerns over certain terms and conditions, leading to his decision to hold out. Sources close to the situation indicate that Nix is seeking adjustments to specific clauses that he believes do not align with his value and potential impact on the team.
The Broncos organization has acknowledged Nix’s concerns and is engaged in ongoing discussions to address the issues. Head Coach Sean Payton has publicly stated his support for Nix, emphasizing the quarterback’s leadership qualities and potential to lead the team to success .
As the situation develops, both Nix and the Broncos are working towards a resolution that satisfies both parties. The outcome of these negotiations will be crucial in determining Nix’s participation in upcoming team activities and his role in the Broncos’ future plans.
For now, Nix remains away from the team, focusing on his personal and professional interests until an agreement is reached.