Broncos Contracts

https://twitter.com/MikeKlis/status/982277922953117697 Beyond the fold, here is what King's contract table may look like:Read more...

Aaron Wilson, as usual, comes through with the details on this extension: https://twitter.com/AaronWilson_NFL/status/974283757292343296 This contract table will be very simple, so let's get right to it:Read more...

For only the second time that I can recall under John Elway, the Broncos have restructured the contract of a major player: https://twitter.com/FieldYates/status/974247105693876224 What does this mean for Miller? In its simplest terms, the Broncos just wrote a $16.5 million check to Miller right now for salaries he was due to make not until the regular season. Miller (and anyone else!) should enjoy getting $16.5 million in his bankroll right now, instead of six to nine months later. What does this mean for the Broncos? It's best to illustrate through a pair of before and after contract tables.Read more...

https://twitter.com/ProFootballTalk/status/974049410475806725 UPDATE: March 16 - It took a while, but Mike Klis finally comes through with the numbers: https://twitter.com/MikeKlis/status/974750025421959168 Keenum's contract table is as follows, beyond the fold:

Year	Base Salary	Prorated Bonus	Roster Bonus	Cap Number	Dead Money & Cap Savings
2018	$8,000,000	$3,000,000	$4,000,000	$15,000,000	$25,000,000	($10,000,000)
2019	$18,000,000	$3,000,000	$0	$21,000,000	$10,000,000	$11,000,000

Here are my early takeaways from this structure:

• Keenum's 2018 cap number of $15 million is quite reasonable, but I worry a bit about the 2019 number of $21 million, because 2019 is a year I foresee in which the Broncos are going to be strapped for cap space. This is increasingly true due to the restructure of Von Miller that sent an extra $4 million of cap dollars to 2019. I am guessing that the Broncos are planning that if Keenum plays very well in 2018, they will extend him with the added goal of reducing his 2019 cap number at the same time. If Keenum does not play well or is outplayed by a young quarterback, they can instead cut him.
• And on the topic of cutting in 2019, Klis suggests that "this is [an] ironclad 2-year deal". But I'm not seeing it in this structure. $11 million is still a significant chunk of cap savings to be had even if the Broncos have to carry a $10 million dead money figure. If Keenum truly is a one year wonder, the contract is not as much of a disaster to escape from as, say, what the Texans offered Brock Osweiler.
• Another option to part ways with Keenum in 2019 is via a trade. The Broncos would be relieved of the salary guarantees on Keenum's 2019 year in such a move. This scenario could play out if Keenum plays OK or very little and a young quarterback plays much better.
• As such, this contract does not preclude the Broncos from drafting a rookie quarterback. I realize this has been a point of contention on this site in recent weeks, and I will not offer a new opinion on this divisive subject yet. All I want to do is note its possibility.

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Yesterday, John Elway gave a press conference in Indianapolis as the NFL gears up for the Scouting Combine. Within this conference held some possible clues as to how the Broncos will attack the 2018 league year when it begins on March 14. It's important to keep in mind that what was said by Elway is by no means binding until transactions (or lack thereof) are official. Everything is going to this plan until it doesn't. Nonetheless, Elway tends to be, for better or worse, a fairly straight shooter when it comes to the media, so there's value in hearing what he said and taking some insight from it to try to figure out where Denver will be headed in two weeks. This article will take tweets from reputable reporters citing what Elway said, and I'll follow it with my commentary. Please refer to my 2018 offseason road map as to where my opinions lie as to where the Broncos should go.Read more...

NFL observers got a very early head start on the free agency period when it was reported that the Chiefs would trade Alex Smith to the Redskins. How does this shift the 2018 quarterback market, in a year that the Broncos need one? Here's a quick bullet point list of what thoughts I have:Read more...

The Broncos need a quarterback. Officially, Kirk Cousins is deemed to be the best quarterback available in free agency. Thus, it's natural for some to think that the Broncos could be interested in bringing Cousins to their team. But as you may know, there may be obstacles in the way of such a goal. What are those obstacles, and how can they be navigated to achieve this goal? Let's take a look at what such a process would look like, one step at a time.Read more...

In three years of doing these road maps, the Broncos have gone from Super Bowl champion to mediocrity to holding a top five draft pick. A disappointing trend, to say the least. However, while the Broncos had a very complex road map after winning the Super Bowl, this time around I think the road map is more straightforward than the past two years. However, it will be as challenging as always, and with higher stakes than usual.Read more...

There's been much talk about what the Broncos can do to get the cap space they may need to improve their roster. This list is intended to demonstrate every transaction the Broncos can execute to gain at least $2 million in 2018 cap space. This list strictly does not issue any opinion on whether each of these transactions would be wise or not (although you are free to opine in the comments, of course). It is only a factual list to give you the information you need to form opinions on what the best course of action should be for the 2018 Broncos. This list is sorted from highest to lowest savings possible. * Restructure and extension numbers represent the maximum amount of cap savings possible. Actual restructures or extensions will likely be less than this maximum.

1. Restructure Von Miller: $13.56 million*
2. Cut Aqib Talib: $11 million
3. Decline Demaryius Thomas's option: $8.967 million
4. Cut Derek Wolfe, post June 1: $8.55 million
5. Cut Emmanuel Sanders, post June 1: $8.25 million
6. Extend Bradley Roby: $6.188 million*
7. Cut Derek Wolfe: $6.175 million
8. Cut Menelik Watson, post June 1: $6.125 million
9. Extend Chris Harris, Jr.: $5.268 million*
10. Cut Emmanuel Sanders: $5.5625 million
11. Restructure Aqib Talib: $4.99 million*
12. Cut Menelik Watson: $4.79 million
13. Restucture Ronald Leary: $4.64 million*
14. Cut CJ Anderson: $4.5 million
15. Cut Domata Peko: $3.7 million
16. Restructure Emmanuel Sanders: $3.6675 million*
17. Restructure Derek Wolfe: $3.63 million*
18. Restructure Chris Harris, Jr.: $3.2925 million*
19. Restructure Brandon Marshall: $2.8 million*
20. Restructure Darian Stewart: $2.39 million*

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Brandon Marshall is the top inside linebacker on the Broncos, having received an $8 million APY extension in 2016. The next two leading ILBs, Todd Davis and Corey Nelson, are both slated to become unrestricted free agents in 2018. What should they, and the Broncos, expect on that front?Read more...