Broncos waited, then made a franchise-sized bet on Oregon QB Bo Nix

So many months, meetings and miles later, the Broncos’ first-round plan proved so simple it translates in two letters.

Bo.

Denver set its course for the future and coach Sean Payton put his quarterback evaluation chops on the line in a major way Thursday night by selecting Oregon quarterback Bo Nix at No. 12.

Nix, a six-year college player who started 61 games and put up prodigious numbers the past two years running the Ducks’ offense, all along felt like a clean fit from a scheme standpoint. He was not, however, considered a particularly good value in the first half of the first round.

In recent years, however, quarterbacks have been picked earlier and earlier. Never faster and more furiously than this night.

USC’s Caleb Williams, LSU’s Jayden Daniels and North Carolina’s Drake Maye went in succession the first three picks. None of Washington, Chicago and New England, respectively, could be convinced to move off those opportunities.

Atlanta dropped the stunner and picked Washington’s Michael Penix Jr. at No. 8 two months after giving Kirk Cousins $100 million guaranteed. Then Minnesota moved up one spot to No. 10 to ensure it got the fifth quarterback of the night in Michigan’s J.J. McCarthy.

All the while, the Broncos were not concerned.

They waited out free agency. They waited out weeks of trade talks before acquiring Zach Wilson from the New York Jets on Monday for minimal cost. What’s a few more picks and a quintet of quarterbacks?

Payton said at the NFL scouting combine that his team would ace the quarterback evaluation process and other teams wouldn’t. Then he stood pat at No. 12 and had no qualms about taking the sixth quarterback of the night.

“It means a lot,” Nix said. “I can’t thank them enough for taking me, and for putting their belief in me. Like I said, there’s a lot in the future that’s going to need to be done — a lot of work to be done, a lot of growing and a lot of getting better. I just appreciate the value that they had in me.”

They left premium options for teams behind. They could have had Georgia tight end Brock Bowers. They could have had their pick of defensive players. The first didn’t come off the board until Indianapolis took UCLA pass-rusher Laiatu Latu at No. 15, the longest stretch of all offense to start a draft in history.

Instead, they did what so much of the top half of the draft order did: took a swing at the game’s most important position.

The Broncos did extensive work on Nix throughout the process, just as they did with the other quarterbacks in the class. They didn’t have a loud presence at his pro day in March, but Sean Payton and company were in Eugene and held a lengthy private workout and meeting with him the next day.

“We talked a lot of football and we talked a lot about (Payton’s) scheme and what he’s done for so many years and how he’s been so successful,” Nix said. “It was a blast talking football, to be honest with you. It was a blast being in there with him and the other coaches. They brought a lot of guys out there to the private (meeting) and I was just very honored to have them around.”

The way the board fell provides a clean and compelling way to measure Denver’s process. Because Nix was the last of the six off the board, the Broncos will have either outfoxed and out-scouted a dozen other teams or they will have spent a premium pick or it will look like they forced the issue and took a quarterback because they felt they had to take one.

The ramifications of that are equally clear and every bit as compelling: If Nix solves the eight-year quarterback conundrum this franchise has suffered through, this will be a defining night. The pick took no additional draft capital and leaves Payton and GM George Paton with seven selections moving forward into the next two days to attack other areas of need. There are many.