If their financial commitment is any indication, the Broncos bear decently-sized plans for Brett Rypien.

The former Boise State quarterback, who agreed to terms Saturday on an undrafted free agent contract, has received a "six-figure guarantee" from Denver, according to The Athletic's Nicki Jhabvala.

When you consider that running back Phillip Lindsay got just $15,000 guaranteed as a 2018 UDFA, this appears to suggest that Rypien was highly coveted within the organization; it's likely they had a draftable grade on Rypien, who most believe is a mid-tier prospect in an overwhelmingly weak QB class.

The nephew of former Redskins signal-caller Mark Rypien, he's an accurate passer with solid pocket presence hampered by small hands and below-average arm strength. The 6-foot-2 Broncos product (ironically enough) completed 1,035 of 1,617 passes (64 percent) for 3,578 yards, 90 touchdowns and 29 interceptions across four collegiate seasons. He also chipped in three rushing TDs and two receiving scores.

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Rypien drew pre-draft comparisons to 49ers QB Nick Mullens, who impressed last season under the tutelage of Rich Scangarello, now the Broncos' offensive coordinator. Scangarello wielded considerable influence in the war room, where general manager John Elway made the decision to trade up for Missouri's Drew Lock on Day 2, then snatch Rypien in the "eighth" round.

Stuck behind Joe Flacco, Lock, Kevin Hogan and Garrett Grayson may seem daunting for an undrafted player, but it's clear that Rypien figures into the Broncos' future. And judging by Elway's college free-agent resume — Lindsay, Chris Harris Jr., C.J. Anderson, to name a few — he should be encouraged to join rarified air.

“I will tell you this: the way that we work the boards," Elway explained about the UDFA process. "And the thing is, our pro department does a tremendous job. We work on the front board so hard and the draftable board. We work on that hard. But we really, the group, as I said, I mentioned earlier, A.J. Durso, Jordon Dizon and Patrick Walsh on the pro side, they really spend time on the back board, stacking the back board for us. That’s not easy work, but they do a heck of a job. By the time we get ready, and the board, once we get through the draft, we see what’s still left on the front board. Then we trust the board and we trust the back board because those guys work so hard on the back board also. Not only do we spend the time on the front board, but the pro department does a great job on the back board, getting those things stacked. So when it is time to say go and sign some CFAs, we know what we want and we go and try to get those guys that we want.”