NFL.com’s Jason La Canfora writes that the Broncos aren’t going to part with quarterback Kyle Orton for a third or fourth round pick like some are suggesting.

There’s no doubt Orton’s internal value is high and his $8.5 million contract is sufficiently low. You can have him at the right price — Denver is obviously rebuilding, needs picks and Orton is in the final year of his extension — but it won’t be cheap.

If the right call comes in and the offer is strong, it will be considered, according to sources. But the idea that a third- or fourth-round pick might get it done is woefully misguided. A high second-round pick that converts to a first-rounder based on production, now that could be a different story.

La Canfora can be shaky at times when it comes to projections for players or teams, but he speaks the truth here.

Let’s not make Orton out to be Peyton Manning. Peyton he is not. But surround him with enough talent in the offense and the guy can win. During his three seasons with the Bears, he was 21-12 as a starter. In 2009, his first year in Denver, he threw for 3,802 yards, completed 62.1% of his passes and finished with an 86.8 QB rating. Last year, he finished with an 87.5 QB rating.

No, Peyton he is not. But the guy is serviceable and he’s a starting quarterback in the league. As La Canfora points out, he has value to the Broncos and they’re not going to trade him away for third or fourth round pick just because Tim Tebow is waiting in the wings. Teams often have success when they can foster competition all over their roster – especially at quarterback.

Granted, if the Broncos can get a second, or a second that converts to a first like La Canfora suggests, then by all means: trade him. But until then there’s no point in giving him away for spare parts.

The Broncos did the best thing for Tim Tebow’s development yesterday when they signed Kyle Orton to a one-year, $9 million contract extension through the 2011 season.

Orton has proved this summer that he’s light years ahead of both Tebow and Brady Quinn (who is freefalling down the Broncos’ depth chart) in his understanding of Josh McDaniels’ offense. (And why wouldn’t he be? He already has a year in the system.) He gives the Broncos their best chance of winning now and the contract is a reward for his hard work this offseason.

The extension also takes some of the pressure off of Tebow, who is going to need time to develop. Regardless of whether or not you think he’s going to be great or the second coming of Drew Henson, all young quarterbacks need time to learn. Considering he didn’t run a pro style offense at Florida and is still working out the kinks in his throwing motion, Tebow is going to need even more time before he’s ready to start.

By signing Orton the Broncos are basically saying that he’s their starter and that Tebow can take his time. I know many people can’t wait to see the Tebow era take flight in Denver, but putting too much pressure on a young quarterback too early can be death. He already has enough on his shoulders by being a first round pick – why add to it?

McDaniels will surely put together some packages to feature Tebow’s strength as a runner, but as long as Orton is healthy and productive then he’s going to be the starter. Tebow’s time will come – it just won’t be any time soon.