The Cleveland Browns increased their offer to free agent quarterback Derek Anderson on Wednesday, according to ESPN.com.
The new offer is worth $20 million over three years, with half of the money guaranteed according to a report in the Columbus Dispatch.
The deadline to tender restricted free agents is Friday, but the Dispatch reported that a deal could officially be announced between the Browns and Anderson as early as Wednesday afternoon.
Report: Browns Offer Anderson 3-Year, $20M Deal