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Emmanuel Sanders spurns the Chiefs, instead signing with the Denver Broncos

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The Denver Broncos continued their free agent spending spree over the weekend, announcing Sunday that they had come to terms with wide receiver Emmanuel Sanders on a three-year $15 million contract.

"This is the team that I wanted to go to during free agency," said Sanders. "Somehow, some way, it ended up happening."

The Broncos had had conversations with Sanders’ representatives at the beginning of free agency, but believed that he was out of the teams’ price range. When his asking price came down, Denver was quick to jump at the opportunity to add him to their roster.

Much to the chagrin of division of their division rivals: The Kansas City Chiefs.

According to a team source, Sanders’ agent Steve Weinberg had agreed in principle to terms on a contract with the Chiefs; only to spurn the team in favor of the Broncos.

"There was no handshake," said Sanders. "There was no kind of agreement in terms of -- you know -- we were close to a deal, but it wasn't anything official just yet."

In Sanders, the Broncos add a versatile threat with big-play capability; compensating for the loss of Eric Decker (who signed with the New York Jets). The 26-year-old receiver should also help his in the return game.

"He can play anywhere," said Executive VP of Football Operations John Elway. "He can play inside, he can be outside. He's explosive. Great separation skills. He can do it all."

With the Pittsburgh Steelers last season, Sanders set career highs in receptions (67), touchdowns (six) and yards (740). Numbers he may be able to improve upon in Denver’s prolific offensive attack lead by quarterback Peyton Manning.

"To play with Peyton Manning is like wide receiver heaven," said Sanders. "I feel like he's one of the greatest quarterbacks to play the game. Definitely I look up to him a lot in terms of his preparation, and I know that he's going to make me a better player whether it's mentally and physically. I know that I'm in a great environment."