The Facts:
Beating a Wednesday deadline, the Broncos and the team's all-time leading receiver tweaked a temporary contract restructuring agreement, ensuring he will stay with the team. The new deal includes incentives that would reward Smith should he have a strong 2007 season.
Reported by the Denver Post
Fantasy Football Diehards Line:
Smith, who will be 37 in May, restructured his contract March 7 down to a base salary of $1.5 million for the 2007 and 2008 seasons. The new incentive-based deal also covers the 2008 season, the final year of Smith's contract. According to Smith's agent, Tom Mills, both sides hope Smith can play the next few years. If that happens, Smith's playing time likely will be limited. Smith essentially is a coach on the field, so his presence in the locker room is valued by the Broncos.
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