The Denver Broncos signed veteran guard Evan Mathis, the team confirmed Tuesday. The contract is reportedly for one year worth at least $2.5 million and could reach $4 million depending on the incentives, reports Adam Schefter of ESPN.

Mathis, who was released by the Philadelphia Eagles last June also reportedly drew interest from other teams including the Seattle Seahawks, which are still looking to improve their offensive line.

"Evan Mathis is an accomplished veteran who has played at a very high level for the last several seasons," Elway said in an official team statement. "He will immediately make our team better, and we are excited to have him as part of the Denver Broncos."

Mathis had a contract standoff with the Eagles and skipped the team’s offseason activities before the release. The Eagles gave the veteran guard the permission to find another team not only in this offseason but also last year. However, Mathis’ release from the Eagles came as a surprise to many as he is coming off two Pro Bowl appearances in 2013 and 2014 and a member of the All-Pro First Team in 2013.

Mathis was drafted by the Carolina Panthers in the third round of the 2005 NFL Draft or the 79th selection overall. He played for the Panthers from 2005 to 2007 before playing for the Cincinnati Bengals (2008 to 2010) and Miami Dolphins (2008). He signed a one-year deal with Philadelphia in 2011 and the following season earned a five-year contract extension.

Before signing Mathis, Denver also considered signing another offensive lineman in Jake Long.