ENGLEWOOD, Colo. (AP) — Wide receiver Demaryius Thomas has signed a five-year $70 million contract with the Denver Broncos just before the deadline for NFL players who had franchise tags to sign long-term deals.

The contract is the biggest in franchise history, and includes $43.5 million guaranteed. Of that, $35 million is guaranteed over the first two seasons.

Had the sides not hammered out a deal Wednesday, Thomas would have played this season on the $12.823 million franchise tag, which still would have been about as much as he’d made in his first five seasons combined.

The three-time Pro Bowler is coming off his best season.