Thomas times two could mean millions by the mega.

The Broncos have opened contract negotiations with the agents of wide receiver Demaryius Thomas and tight end Julius Thomas.

"We've already talked to them to see if we can do something before the beginning of the year," said Broncos general manager John Elway, who was in Salibury on Monday to present former Denver Post, Sports Illustrated and ESPN writer Rick Reilly into the National Sportswriters Association Hall of Fame. "We'd like to get something done before the beginning of camp. We don't want to do anything once training camp starts. They're both in their last years, and we'd like for them to stay and be Broncos for a long time."

Demaryius Thomas, a 2010 first-round draft pick who is coming off back-to- back seasons of Pro Bowl-caliber production, might command a contract worth $12 million a year based on the receiver's 2014 franchise tag salary.

Julius Thomas, a fourth-round draft pick in 2011 who had a breakout season in his third year of 2013, might be looking at a $7 million annual average.

Otherwise, Elway has finished most of his business in his attempt to improve the Broncos in 2014. That wasn't easy, considering the Broncos were AFC champions in 2013.

But it was the Super Bowl where the Broncos' deficiencies were exposed, particularly on defense. Elway signed pass rusher DeMarcus Ware, cover corner Aqib Talib, strong safety T.J. Ward and receiver Emmanuel Sanders from free agency to a combined 2014 payout of $38 million.

"When we look at what we did offensively, there wasn't a huge need as much as we thought we had needs on the defensive side," Elway said, referring to a team that scored an NFL-record 606 points last season but finished 21st in scoring defense. "When we go into training camp, my job is to look at the piece of paper and say we're better than we were the year before. And I think we've done that."