Denver, CO
Bo Nix’s True Value to Broncos Revealed by New Metric
Every year, teams want to get the most out of their players, particularly if they’re paying them a lot. The Denver Broncos are no exception.
Veterans tend to get big contracts, particularly if they are elite players. But the more you pay these players, the more teams should expect to get in return.
Meanwhile, players who are on a draft pick contract — the first contract they receive in their NFL career — get paid a lot less than most veterans. They are often a way to get great value relative to what they are being paid.
Over the Cap developed the ‘OTC valuation metric‘ to give fans an idea about whether or not teams are getting their money’s worth for their players. The OTC valuation metric does not represent what a player should be expected to get in a contract, but is more about the value teams get relative to what the player is currently being paid.
In other words, this metric illustrates what a player might be worth at the moment based on how he’s performing.
OTC keeps track of player evaluation for each week, but each player’s season evaluation can be found on their page at the site. Let’s look at some highlights regarding a few Broncos.
OTC valuation: $18.2M
Nix is getting about $11 million this season, with the bulk of that in a signing bonus. That’s roughly what you would expect to pay for a bridge QB. As for his valuation, the Broncos are getting the value of a bridge QB in return.
Of course, this is based on a two-game sample, so it’s possible Nix’s valuation will increase if he improves. While it would be unrealistic to expect him to reach the level of Kyler Murray (who is valued at more than $43M after two games), it would be nice to see Nix’s valuation rise into the $20-$25M range by season’s end.
OTC valuation: $16.8M
Allen continues to deliver on the three-year deal he got from the Broncos last offseason. He’s getting about $16M this year and delivering exactly what you would expect.
At the rate he is going, Allen is easily the best free agent signing from the 2023 haul. It will be interesting to see if he keeps this up because if he does, it may be worth asking whether the Broncos think about an extension for him next season.
OTC valuation: $22.9M
Cooper had a strong Week 1 but wasn’t as good in Week 2. Still, he’s easily the best edge rusher the Broncos have and is delivering excellent value on his rookie deal, even after he got proven performance escalators that increased his 2024 salary to a little more than $3.1M.
Among players with multi-year deals that are expiring, Cooper is delivering the most in return. If he can be consistent with his play, there’s a strong case for extending him.
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OTC valuation: $14M
Here we have an example of a player whose valuation doesn’t translate to the money he will receive. Reynolds will earn $4.5M this season but that’s about what you would expect to pay for a role player like him.
What’s good about Reynolds is that he fills the role, so he delivers a lot in return. He is exactly the type of free-agent signing to make because he won’t cost a lot of money when compared to other players but will excel in his role.
OTC valuation: $9.5M
McGlinchey played reasonably well in Week 1 but regressed in Week 2 and is now on injured reserve with an MCL sprain. He hasn’t yet given the return the Broncos would expect from the deal he signed last offseason.
Because McGlinchey will miss some time, his valuation will decrease because when a player misses time with injuries, that’s less value the team gets in return. While the signing hasn’t been a disaster, it hasn’t yielded the expected return.
OTC valuation: $4.5M
Bolles is in the final year of the four-year extension he signed back in 2020. Last year, the Broncos got good return on the money he was due. This year, though, early returns haven’t been good.
Of course, Bolles is playing through an ankle injury. However, if he’s going to get extended, he will need to improve his play.
He’s getting $16M this year and could be in line for that salary in free agency. If Bolles wants to get that from the Broncos, he must improve.
We’ll look again at OTC valuation after four weeks to see where key players stand and where the Broncos are getting the most bang for the buck.
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Denver, CO
Bars preparing for a festive Broncos and Nuggets-filled Christmas Day
DENVER –The Nuggets have played on Christmas Day 11 times in their storied history. The Broncos have done so only four times. This year is only the second time that both teams are playing on the same Christmas day, and sports bars are getting ready.
“It almost makes you feel like you’re at the game,” said Adis Mizic, Kitchen Manager at Tom’s Watch Bar in Denver, where they’ll be having giveaways and a live DJ to get the crowd feeling festive. “The energy in this, it’s just amazing… that’s kind of the whole point. We want you to feel like you’re at the game.”
Denver7’s Anaya Salcedo
At Chopper’s Sports Grill in Denver, Christmas came early. Owner Frankie Schultz and his team just installed a 350-inch LED screen to handle the demand of such successful sports teams.
“Literally, we just got it up this morning,” Schultz said. “It’s pieces that go together, but it’s seamless, and we’re really excited about it.”
Management at both of the sports bars are appreciative of those who volunteered to work on Christmas. Tom’s Watch Bar is supplying their employees with a special meal, and Chopper’s will have their kitchen closed, but with premade snacks available.
Denver7’s Anaya Salcedo
With low staffing, and unsure of how many patrons are going to show up on Christmas, Schultz hopes people will be willing to cut businesses some slack this holiday season.
“We’re going try to do what we can,” Schultz said, laughing. “We don’t know if it’s going to be five people or 200 but… it’s a holiday, so hopefully we get some forgiveness.”
The day of Denver7 Christmas sports starts off tomorrow with three NBA games, from 10 a.m. to 5:30 p.m. Pregame coverage of the Broncos-Chiefs game starts at 5:30, with kickoff at 6:00 p.m.
The Nuggets-Timberwolvse game gets underway at 8:30 p.m. It will start on The Spot Denver3 until the football game is over. Then, it will move to Denver7 for the remainder of the game and news after.

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Denver, CO
Denver police asking for help finding driver suspected in hit-and-run crash Monday morning
DENVER — The Denver Police Department (DPD) is looking for the driver in an alleged hit-and-run crash on Monday morning.
Around 7:15 a.m. Monday on westbound Interstate 70, just east of the Sheridan Boulevard exit, DPD said the driver of a newer Jeep Cherokee changed lanes into a motorcyclist in the far-left lane.
The motorcyclist suffered serious injuries as a result of this crash, according to DPD.
The driver of the Jeep Cherokee drove away from the scene of the crash without stopping or leaving any contact information, as is required by law. The vehicle was white or light colored with unknown license plates, DPD said.
Anyone with information about the driver, the suspected Jeep Cherokee involved or the crash itself is asked to call Metro Denver Crime Stoppers at 720-913-STOP (7867) or submit a tip online here. Tipsters can remain anonymous and are eligible for a $2,000 reward for any information that leads to an arrest.
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Denver, CO
16th Street sees more foot traffic just in time for last minute holiday shopping
DENVER — The redesigned 16th Street which was completed back in October and has brought in more foot traffic just in time for last minute holiday shopping.
“Mall is alive. We can’t wait for the holiday,” said James Chapman, Denver resident.
That’s how some shoppers that we spoke with feel since 16th street was reopened.
“It’s so nice, a lot more walkable,” said Alexis Armentrout, Denver resident.
The three-year long construction helped revitalize the aging infrastructure making it more accessible.
“The redesign is beautiful, especially for people with disabilities. We don’t have a lot of curve cuts. We can, like, go here and there. You can go in and out of this shop, back in the other shop, and do some shopping with our grandkids without running off the curb,” said James Chapman, Denver resident.
The construction did cause some business interruptions, but one candy shop we spoke with says the end result has helped with their sales.
“We’ve seen so much more foot traffic. Our margins have been through the roof since it actually happened just, I think, our frames, and with the holidays, a lot of people staying around here in the hotels, and just our Denver native people as well are just pouring in the store,” said Victoria Hinojos, Its Sugar assistant manager.
The Downtown Denver Partnership says they saw a 26% year over year foot traffic increase on 16th Street last month.
Denver
Downtown Denver foot traffic sees steady climb after 16th Street reopening
“It’s been super cool to see it revamped,” said Armentrout.
According to the National Retail Federation, over a trillion dollars is forecasted to be spent this holiday season nationwide.
“We are seeing tons of last-minute holiday shoppers,” said Hinojos.
We asked some shopper what they have on their list to buy.
“Headed down to do some photo cards for my grandkids, and then I’m headed to TJ Maxx to try to find a special gift for a loved one, like a little jewelry box,” said Chapman.
For some shoppers, they say last minute holiday shopping brings them joy.
“The feeling it brings for me this year, on last day holiday shopping is I need to get it and wrap it and present it. So last minute shopping is a beautiful thing,” said Chapman.
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