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
Sandwich shop owed more than $40,000 in taxes before seizure, city says
Long-running Denver lunch spot Mr. Lucky’s Sandwiches, which closed in December after Denver’s Department of Finance seized its two locations, owes more than $40,000 in unpaid taxes, according to the city agency. Galen Juracek, who owns the shops in Capitol Hill and the Highland neighborhood, specifically owes $40,556.11.
Multiple notices posted to the door of Mr. Lucky’s Capitol Hill location showed that the city demanded payment for the back taxes starting in July. But the city’s “distraint warrant” — a legal notice that a business owner owes a specific amount, and that the business could be seized if they don’t pay it — notes the shops, at 711 E. 6th Ave. and 3326 Tejon St., were forced to close on Tuesday, Dec. 23.
Mr. Lucky’s had already decided it would close its two locations by the end of 2025, said Laura Swartz, communications director for the Department of Finance. But the city’s seizure of the business shows that it had not been keeping up on basic requirements, with a $39,956 bill for unpaid sales taxes and $600.11 in “occupational privilege” taxes, which fund local services and allow a business to operate within a specific area.
“When businesses charge customers sales tax but then do not submit that sales tax to the city, the city is responsible for becoming involved,” she said in an email to The Denver Post
Juracek did not respond to multiple phone calls from The Denver Post requesting comment. His business, which is described on its website as a “go-to spot for handcrafted sandwiches since 1999, roasting our meats in-house and making every bite unforgettable,” is listed on the documents as G&J Concepts.
Westword last month reported that Mr. Lucky’s was closing because Juracek decided to move on from the food industry for personal reasons. “Life is about timing,” he told the publication, saying the leases on his spaces were ending.
City documents show that his unpaid taxes go back at least to this summer. He purchased the business, which opened in 1999, in 2017 and opened the second location in 2019.
“We’re not a chain, but we also work very hard to avoid the $20 sandwich and becoming the place people think twice about because of the price point,” Juracek told The Denver Post in 2023. “We can fulfill your basic needs for $6. And if money is no object, we can sell you a $17 sandwich.”
A note written on a brown paper bag, and posted to the Capitol Hill location’s door last month, reads: “We are closed for the day! Sorry.”
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Denver, CO
Suspects sought in Denver shooting that killed teen, wounded 3 others
Denver police are searching for suspects in a Saturday night parking lot shooting that killed a 16-year-old and wounded three men, at least one of whom is not expected to survive, according to the agency.
Officers responded to the shooting in the 10100 block of East Hampden Avenue about 10:30 p.m. Saturday, near where East Hampden intersects South Galena Street, according to an alert from the Denver Police Department.
Police said a group of people had gathered in a parking lot on the edge of the city’s Kennedy neighborhood to celebrate the U.S. capture of Venezuelan President Nicolás Maduro when the shooting happened.
Paramedics took one victim to a hospital, and two others were taken to the hospital in private vehicles, police said. A fourth victim, identified by police as 16-year-old William Rodriguez Salas, was dropped off near Iliff Avenue and South Havana Street, where he died from his wounds.
At least one of the three victims taken to hospitals — a 26-year-old man, a 29-year-old man and a 33-year-old man — is not expected to survive, police said Tuesday. One man was in critical condition Sunday night, one was in serious condition and one was treated for a graze wound and released.
No suspects had been identified publicly or arrested as of Tuesday afternoon.
Anyone with information on the shooting is asked to contact Metro Denver Crime Stoppers at 720-913-7867. Tipsters can remain anonymous and may be eligible for a cash reward.
This is a developing story and may be updated.
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Denver, CO
Denver’s flavored vape ban sends customers across city lines
The new year in Colorado brought new restrictions for people who vape in Denver. As of January 1, a voter-approved ban on flavored nicotine products is now in effect in Denver, prohibiting the sale of flavored e-cigarettes and vaping products within city limits.
Just outside the Denver border, vape shops say they’re already feeling the ripple effects.
At Tokerz Head Shop in Aurora, located about a block and a half from the Denver city line, owner Gordon McMillon says customers are beginning to trickle in from Denver.
“I was in shock it passed, to be honest,” McMillon said. “Just because of how many people vape in Denver. But we’re hoping to take care of everybody that doesn’t get their needs met over there anymore.”
One of those customers is Justin Morrison, who lives in the Denver area and vapes daily. He stopped by the Aurora shop a day after the ban went into place.
Morrison says the ban won’t stop him from vaping. It will just change where he buys his products.
“I’m going to have to come all the way to Aurora to get them,” he said. “It’s pretty inconvenient. I smoke flavored vapes every day.”
The goal of the ban, according to public health advocates, is to reduce youth vaping.
Morrison said flavored vapes helped him quit smoking cigarettes, an argument frequently raised by adult users and vape retailers who oppose flavor bans.
“It helped tremendously,” he said. “I stopped liking the flavor of cigarettes. The taste was nasty, the smell was nasty. I switched all the way over to vapes, and it helped me stop smoking cigarettes completely.”
McMillon worries bans like Denver’s could push some former smokers back to cigarettes.
“If they can’t get their vapes, some will go back to cigarettes, for sure,” he said. “I’ve asked people myself, and it’s about 50-50.”
While McMillon acknowledges it will bring more business to shops outside Denver, he says the ban wasn’t something he wanted.
“Even if it helps me over here in Aurora, I’m against it,” he said. “I feel like adults should have the rights if they want to vape or not.”
More than 500 retailers in Denver removed their flavored products. For many, they accounted for the majority of their sales. Denver’s Department of Public Health and Environment says it will begin issuing fines and suspensions to retailers found selling flavored tobacco products.
Both McMillan and Morrison say they’re concerned the ban could spread to other cities. For now, Aurora vape shops remain legal alternatives for Denver customers.
Despite the added drive, Morrison says quitting isn’t on the table.
“It’s an addiction. You’re going to find a way to get it. That’s why I don’t see the point of banning it here,” Morrison said.
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