will remain in Denver for at least the 2021 season. For a second straight year, the have franchise tagged their Pro Bowl free safety but will continue to work toward a long-term contract. A second tag will cost Denver approximately $13.73 million. Simmons made $11.44 million under the tag last season. The Broncos have until 4 p.m. on July Dalvin Tomlinson Jersey 15 to sign Simmons to a longterm deal.The 27-year-old Simmons was the 98th overall pick in the 2016 draft. Over the past five years, he has blo somed into a top-tier defensive back. A starter since Daniel Jones Jersey the 2017 season, Simmons was selected to his first Pro Bowl in 2020 after recording a career-high five interceptions. In 74 regular-season games, Simmons has 16 interceptions, 37 pa ses defensed, 385 tackles and 11 tackles for lo s."Designating Justin with the franchise tag is a procedural move that allows us to continue working on a long-term deal," Broncos general manager George Paton Friday. "We are completely focused on making sure Justin remains a big part of the Denver Broncos for many NFL New York Giants Jersey years to come." Simmons recently during an appearance on SiriusXM NFL Radio. He was recently tabbed by CBS Sports senior writer Pete Prisco as the NFL's ."From everything that I've heard and that I've been a part of for five years now, it seems like Denver wants me back and I want to be there," Simmons said, via . "At the end Phil McConkey Jersey of the day, it is a busine s. It's just a matter of it working out on both sides." Simmons' market value is currently estimated at five years at $15.4 million per season, . While the Broncos do not currently have much cap space, they have several options as it relates to cutting salary. One of those options would be Janoris Jenkins Jersey adjusting the contract of , who currently carries a $22.2 million cap hit. The Broncos are currently in the middle of contract talks with Miller, who .