The Denver Broncos are placing a right of first refusal tender on outside linebacker Malik Reed, according to KUSA-TV’s Mike Klis. The one-year deal will give Reed a salary of $2.433 million this season.
Other teams will be allowed to make Reed an offer and if he signs an offer sheet from another club, Denver will have the right to match that offer.
Reed (6-2, 235 pounds) signed with the Broncos as a college free agent out of Nevada following the 2019 NFL draft. After totaling 22 sacks in four seasons with the Wolfe Pack, Reed made Denver’s 53-man roster as a rookie, initially as a rotational pass rusher.