The Denver Broncos added some space to their salary cap on June 1st with the release of Dre Greenlaw officially hitting the books on Monday. As Parker Gabriel of The Denver Post noted yesterday, they’ll carry just over $2 million in dead money both this year and next year, but get an immediate $8 million cap boost from the move.
According to Spotrac, they have $26.3 million salary cap space. However, they have yet to add rookie Tyler Onyedim to the books so the actual number is likely closer to $25 million. Even so, that puts them in great position to either pick up another free agent or extend one of their own to a long-term deal.
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Surprisingly, the Broncos salary cap situation is incredibly healthy. I suppose part of that was due to Sean Payton and George Paton needing to strategically build a roster around the oppressive Russell Wilson contract situation early on in Payton’s head coaching tenure here. The cap hit percentage is incredibly spread out with no one player dominating the ratio. Although, the minute Bo Nix gets that franchise quarterback contract that will permanently change.
Which means the championship window is now.
One guy I’ve been hoping their extend is wide receiver Marvin Mims Jr. I get that he is gadget-y and I’ve flip-flopped a few times before the draft, but one thing no one can deny is that Mims comes up big when big is needed. I love that about him and I’m not alone:
And while I hope they find a way to bring Von Miller in, I’m not sure that is a viable move with the pass rush room they already have. The money should be spent on whoever helps bring the Lombardi trophy back to Denver. Now if the coaching staff think Von’s knowledge as a Hall of Fame pass rusher will elevate the game from Nik Bonitto and Jonathon Cooper then by all means make it happen!
I’d love to see Denver send Von out on top with another ring.
