Denver Broncos Salary Cap Situation: An In-Depth Breakdown
Breaking Down the Numbers
The Denver Broncos are facing a complex salary cap situation heading into the 2024 season. With a number of big-name players on the roster, including Russell Wilson, the team faces a delicate balancing act to stay within the NFL's salary cap.Roster Breakdown
The Broncos' 2024 salary cap table includes a comprehensive breakdown of every player's contract, including salary, bonus money, dead money, and cap savings. This provides a detailed look at the team's financial commitments and highlights potential areas for roster adjustments.
Key Players and Their Contracts
One of the biggest factors in the Broncos' salary cap situation is the recent contract extension signed by quarterback Russell Wilson. Wilson's five-year, $245 million deal will significantly impact the team's cap space in the coming years.
Other key players whose contracts will affect the Broncos' cap situation include: * Bradley Chubb, outside linebacker * Justin Simmons, safety * Courtland Sutton, wide receiver * Melvin Gordon, running back
Cap Space and Dead Money
As of now, the Broncos have approximately $273 million in salary cap liabilities for 2024. This leaves the team with limited flexibility to add new players or make significant roster changes. Additionally, the Broncos have a significant amount of dead money on their books, which cannot be used towards player salaries.
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