Welcome back to Day 2 of the NFL’s legal tampering period. The league year officially starts Wednesday and when it does, the Broncos will be finalizing contracts with several players.
They spent Monday beginning what’s shaping up to be quite a roster overhaul under general manager George Paton and new head coach Sean Payton, agreeing to terms with six players.
Here’s how the action broke down from Monday.
Denver started its offensive line rebuild with a couple of big swings in RT Mike McGlinchey and G Ben Powers.
The Broncos signed defensive lineman Zach Allen, while Dre’Mont Jones went to Seattle.
Two weeks after Paton called linebacker Alex Singleton “a baller,” Denver’s 2022 leading tackler is back on a three-year deal.
Payton and Paton added a couple of important depth pieces on offense in QB Jarrett Stidham and tight end Chris Manhertz.
Of course, there’s a lot of offseason left, so plenty of questions are still out there.
For example, should Denver pay big free agent bucks to sign a running back?
How about trading a wide receiver?
OK, on to the updates.
9:30 a.m.: The full salary cap ramifications of Monday’s spending spree are not yet known, but we can at least get started with some help from The Post’s reporting, Over The Cap data and other reports from around the country. It’s worth noting here that it’s safest to consider the numbers preliminary until the paperwork is officially filed with the NFLPA after the league year begins.
Powers is getting a $13 million signing bonus and, according to ESPN, has a $2 million base salary for 2023. So prorating the bonus over his four-year deal, his cap number in 2023 is $5.25 million.
OTC has Singleton’s cap charge at $3.33 million for 2023 and Stidham’s at $3.51 million. So based on the information currently available, those three combine to count about $12.09 against the cap this year. That leaves Denver with right about $23 million in space before factoring in McGlinchey, Allen and Manhertz. Manhertz’s number will be relatively small, but McGlinchey got the biggest deal and most guaranteed money of Denver’s additions, so he and Allen will use up a substantial chunk of the remaining room.
Remember, the Broncos can clear a lot more cap room if they restructure some deals for players currently on their roster. That’s not free money — it all counts against the cap at some point — but it’s an avenue to explore if Denver is really going to punch the accelerator on adding players.
Who are the Broncos’ outgoing free agents?
|Alex Singleton||ILB||Denver||Three years|
|Andrew Beck||TE||Houston||Two years|
|Dre’Mont Jones||DL||Seattle||Three years|
|Mike Boone||RB||Houston||Two years|
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