With training camp underway, the Denver Broncos and offensive tackle Ryan Clady have decided to end their contract extension talks, reports Mike Klis of the Denver Post. Thus ends roughly two months of negotiations to give Clady his second NFL contract, as his rookie contract ends at the conclusion of the upcoming 2012 season.
Clady, the No. 12 overall pick in the 2008 NFL Draft, has been a rock on the left side of the line and will undoubtedly command a significant deal on the open market should he hit there in March. However, the Broncos would likely use the franchise tag on him, giving him a one-year tender that would be worth nearly $10 million.
The Broncos used its franchise tag on kicker Matt Prater this past offseason and reached a four-year contract with him in early July. Denver had reportedly offered Clady a five-year, $50 million deal, but negotiations did not progress beyond that.
With training camp underway, ending the negotiations ends one possible distraction.