The Denver Broncos have used the franchise tag on Demaryius Thomas.

Thomas has been a Pro Bowler each of the past three seasons.

Thomas' production with Peyton Manning have been outstanding -- 469 targets, 297 receptions, 4,483 yards, 15.1 yards per reception and 35 touchdowns. He has also not missed a game since 2011.

Thomas' tag will be worth approximately $12.8 million.