Perine agreed to a two-year, $7.5 million contract with the Broncos on Tuesday, Mike Garafolo of NFL Network reports.

Per the report, the deal includes another $1 million in incentives. After having backed up Joe Mixon in Cincinnati, Perine is poised to join a Denver backfield that also includes 2021 second-round selection Javonte Williams (knee), who spent most of the past season on injured reserve while recovering from ACL surgery. If Williams endures any complications in his recovery that threatens his available for the start of the 2023 season, Perine will be a candidate to see a significant share of the backfield touches out of the gate for the Broncos.

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