The Denver Broncos are signing two-time Pro Bowl tight end Evan Engram to a two-year contract, as reported by his agent Mike McCarthy on social media Wednesday.

The agreement is valued at $25 million, with $16.5 million completely guaranteed, according to sources cited by ESPN’s Adam Schefter.

The Broncos won an AFC West battle for Engram, who had visits with the Los Angeles Chargers on Tuesday and Denver on Monday.