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2017 Compensatory Pick Update For The Broncos

The server issues delayed this brief update, so I'll go ahead and squeeze this brief article out now.  Tuesday was the last day that signed UFAs could become CFAs, so we now know the maximum number of players relevant to the Broncos that could qualify for the 2017 compensatory formula.Read more...

Looking Ahead To The Broncos’ 2017 Offseason

John Elway often says he wants “to win from now on”.  It’s an objective that he is excelling at, and in order to do so, it involves thinking many steps ahead.  So although the 2016 season isn’t even in the books yet, it’s important to keep tabs on a few things for 2017, even with the understanding that what happens in 2016 has the potential to change plans.Read more...

Examining A Possible Von Miller Extension, May 2016 Edition

With the draft now over, the Broncos front office, like most of the NFL, will likely be eager to take a bit of a vacation as they approach the dead part of the NFL offseason. However, whenever they get back to work the next task on the plate will be possible extensions of veterans, and none loom bigger over the Broncos than Von Miller.  So with all that's changed since I last addressed the subject, I thought I'd dump some thoughts on where this negotiation stands now.Read more...

The Financial Benefits Of Drafting Paxton Lynch

The always excellent Andrew Mason tweeted this out after the Broncos drafted Paxton Lynch: https://twitter.com/MaseDenver/status/725889545032462336 While this may be eye-opening to many of Mason's Twitter followers, this is a point that we here have known as obvious for quite some time.  What wasn't obvious, however, was whether Lynch would even be obtainable.  Well, he was, so let's break down the financials a bit. Read more...

The Complications Of Trading For Colin Kaepernick

Just when it looked like the Colin Kaepernick rumors had died down, Eric Branch of the San Francisco Chronicle fired them up again by reporting that Kaepernick had visited with John Elway last Thursday.  Given that the report includes that the 49ers have given Kaepernick permission to seek a trade, it certainly doesn't hurt for Elway to open up some dialogue.  However, as I see it there are still several obstacles to be able to make this trade work, so I thought it might be useful to run through what's in the way of making this trade happen.Read more...

Evaluation Of The 2016 Broncos Offseason Road Plan

The conclusion of March and the beginning of April also coincides well with when less attention is paid toward free agency and more attention is paid toward the draft.  I'll have some thoughts on what steps to consider for the latter likely next week, but for the former I figured that since my 17-point 2016 offseason plan back from February was largely focused on free agency, it would be a good time to review it, to see what I got right and wrong, and what the Broncos may have done right or wrong.Read more...

Broncos Will Match CJ Anderson’s Offer Sheet

https://twitter.com/AdamSchefter/status/709818237463236608 John Elway has confirmed the news. https://twitter.com/johnelway/status/709819609021427714 UPDATE, 2:45 PM MT: Mike Klis has now clarified the details of Anderson's new contract.  In a tabular form, it should look like this:
Base Salary (Guaranteed) Prorated Bonus Workout Bonus Cap Number Dead Money (pre-June 1 cut) Cap Savings (pre-June 1 cut)
$675,000 $1,312,500 $100,000 $2,087,500 $7,625,000 ($5,537,500)
$2,900,000 $1,700,000 $1,312,500 $100,000 $4,312,500 $5,637,500 ($1,325,000)
$4,500,000 $1,312,500 $0 $5,812,500 $2,625,000 $3,187,500
$4,500,000 $1,312,500 $0 $5,812,500 $1,312,500 $4,500,000
 Read more...

Broncos Alter DeMarcus Ware’s Contract

https://twitter.com/Jeff_Legwold/status/708735765040095232 I am using "alter" in my title here (previously "rework" if you look at the URL and tweet), because "restructure" is often poorly used by the media.  "Restructuring" should only be used to refer to the act of converting non-prorated salary into a signing bonus.  In Ware's case, his contract cannot be restructured unless it was extended, as he only had one year left on his deal.  In order to save salary cap space, Ware either had to agree to an extension (either real, or fake by using void years), or he had to take a pay cut.  We will soon see what is the full truth. UPDATE, 2:20 PM MT: It is indeed a pay cut (of $3.5 million) that can be earned back from incentives.  Bob posted some numbers by Albert Breer's that gave an early glimpse at Ware's pay cut. UPDATE 2, 3:20 PM MT: Mike Florio is now reporting that Ware has $4 million fully guaranteed, not $2 million as initially speculated. Ware's 2016 contract year should now look like this:
Base Salary (Guaranteed) Prorated Bonus Roster Bonus* Cap Number Dead Money (if cut)* Cap Savings (if cut)*
$4,000,000 ($2,000,000) $3,666,668 $500,000 $8,166,668 $5,666,668 $2,500,000
*It is unclear when Ware's roster bonus is precisely due. One interesting aspect is that the Broncos only guaranteed $2 million of Ware's salary in exchange for the $3.5 million pay cut.  Hypothetically, should the Broncos decide before the regular season that Ware isn't worth an additional $4-4.5 million (depending on the timing of the roster bonus being due), Ware could still be cut before then.  I see that as highly unlikely, but the option is there. I've struck out the paragraph above because if Ware does indeed have an addition $2 million in guaranteed base salary, $5.66 million in dead money is not quite as appealing in exchange for only $2.5 million in cap savings.  As Florio speculated, this likely provides some security to Ware against being cut prior to the regular season. Should Ware earn any of his incentives, they should be charged as a negative adjustment to Denver's 2017 salary cap, as Peyton Manning's $4 million Super Bowl bonus was charged in 2016.Read more...
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