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Key was tendered a contract by the Broncos on Tuesday, Chris Tomasson of The Denver Gazette reports.
Key will remain with Denver after heading into the offseason as an exclusive-rights free agent, earning $960,000 in 2025. The safety appeared in all 17 of the team's regular season games in 2024, compiling 33 total tackles (17 solo), including 1.0 sacks.