The Denver Broncos have 5 former gamers accounting for $15,015,690 towards their wage cap this season.
That’s “useless cash” that also counts towards the cap though the gamers are not on the crew. One of many methods that may occur is thru prorated signing bonuses.
For instance, if a participant indicators a three-year contract with a $3 million signing bonus, the bonus shall be prorated into $1 million cap hits every season. If the participant is minimize after one yr, although, the remaining prorated $1 million cap hits would nonetheless rely within the following two years.
Right here’s a fast take a look at the 5 ex-Broncos gamers with useless cash cap hits this season.
(Ron Chenoy-USA TODAY Sports activities)
Vincent was picked by the Broncos within the seventh spherical of the NFL draft final yr after which later traded to the Philadelphia Eagles in change for a sixth-round decide. Vincent has a useless cash cap hit of $77,556 this season, in response to Spotrac.com.
(AP Photograph/Jack Dempsey)
Fant, one other member of the Wilson commerce, has a $1,794,222 useless cash hit with the Broncos this yr, in response to OTC.
(AP Photograph/Jack Dempsey)
Harris was a productive participant for the Broncos, however Denver was keen to half methods with him in change for a franchise quarterback. Harris, the third Bronco concerned within the Wilson commerce, leaves behind a $6 million useless cash cap hit this yr, tied for highest on the crew.
(Photograph by Alika Jenner/Getty Pictures)
Signing James to a four-year, $51 million in 2019 proved to be a catastrophe for the Broncos. He injured his knee within the season opener that yr and ended up taking part in in simply three video games. James then opted out of the 2020 season as a result of COVID-19. He would have been poised to begin at proper deal with final yr, however the veteran tore his Achilles in Might. The Broncos initially positioned James on the reserve/non-football harm listing earlier than later releasing him.
The Baltimore Ravens signed James final June, however the deal with nonetheless counts for $6 million towards Denver’s cap this yr, in response to OTC.