Following Eric Decker's exit to the New York Jets, Sanders has been brought in from the Pittsburgh Steelers to aid a pass-catching group which already includes Demaryius Thomas, Julius Thomas and Wes Welker.
Practising alongside such seasoned professionals will only make Sanders better, according to the wideout himself.
He told NFL Radio: "It feels like I just made it into wide receiver heaven. What I like about the Broncos is there is really no number one guy.
"Peyton Manning always goes with the favorable matchup and that's what I'm really liking about this offense. Any guy could go off for 180 yards or 100 yards with 10 catches any week, week in and week out, just based off of match ups."
Sanders enjoyed his best campaign in the league last year, making 67 receptions for 740 yards and six touchdowns.