Tremon Smith signed a 2 Years, $5,000,000 contract with the Denver Broncos on March 15, 2023. The contract runs through the 2024 season and has an average annual value of $2,500,000. It also came with a $1,400,000 signing bonus and $2,500,000 guaranteed. Smith was represented by James Krenis, Edith Lawson-Jackson, Greg Linton (Accel Sports) in negotiations.