Broncos, Nik Bonitto agree on four-year extension worth up to $120 million

Nik Bonitto’s meteoric rise has turned him into a very wealthy man.

The Broncos outside linebacker on Thursday finalized a four-year contract extension worth up $106 million, his agency, Athletes First, announced on social media.

The deal is worth up to $120 million total and comes with $70 million in guarantees, multiple sources told The Post on Thursday morning.

The agreement makes Bonitto the highest-paid non-quarterback in Broncos history, moving him past teammate Zach Allen, who signed a four-year, $102 million extension last month.

Bonitto, 25, was entering the final year of his rookie contract . By adding four years to his deal, he is now tied to the Broncos through the 2029 season.

The base value of the deal puts Bonitto’s average annual salary at $26.5 million average per