Marquette King Agrees to 3-Year Contract with Broncos; Worth Reported $7 Million

The Denver Broncos and free-agent punter Marquette King agreed to terms Thursday on a three-year deal, the team announced.

Mike Klis of 9News in Denver first reported the news. Ian Rapoport of NFL Network reported the deal is worth $7 million. 

The Oakland Raiders waived King, 29, on March 30 after he spent the past half-decade serving as a special teams stalwart in the Bay Area. 

Over his five years as a starter, King averaged 46.8 yards per punt. Last season, the Fort Valley State product averaged 47.4 yards per punt and finished third in net punting average at 42.7 yards. 

The only players who ranked ahead of him in that stat—which accounts for touchbacks and returns—were Brett Kern of the Tennessee Titans (44.6) and Johnny Hekker of the Los Angeles Rams (44.3).

The Broncos' decision to sign King likely puts current punter Riley Dixon on the chopping block.

Denver selected the former Syracuse standout in the seventh round of the 2016 NFL draft. He averaged 45.6 yards per punt this past season, but he also had a league-high two punts blocked.

Denver ranked 27th in the NFL in net punting average last season with Dixon, while the Raiders were third behind the leg of King.