"Significant progress has been made in contract negotiations between the Broncos and running back Knowshon Moreno, an NFL source said tonight.

An agreement on what will be a 5-year deal has not yet been reached for the team's top draft pick, but it's getting close. Moreno was still in Georgia as the Broncos prepared for their scrimmage tonight at Invesco Field at Mile High.

The worth of Moreno's deal is expected to be at least $22 million ($2 million more than No. 13 pick Brian Orakpo) with a guarantee in excess of $12.5 million."