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Cap Analyst Reveals Broncos 3 Worst-Value Contracts of 2024

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Cap Analyst Reveals Broncos 3 Worst-Value Contracts of 2024


Last offseason, the Denver Broncos spent quite a bit in free agency. This offseason, the Broncos have been frugal, primarily because of the cash owed to Russell Wilson, who was released before the start of the new league year.

Like any team, the Broncos want to get the most bang for their buck when it comes to veterans, whether they’re players they drafted and then extended or free agents who played for other teams.

In which veterans are the Broncos getting good value, relative to what they’re paid? And in which veterans are the Broncos not getting enough?

I’m going to first examine the three worst-value contracts the Broncos have, based on Over The Cap‘s player valuation for 2023 compared to the salary are set to make.

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Keep in mind that a player who doesn’t have a good contract value doesn’t mean he’s bad. It simply means the Broncos didn’t get enough out of the player

relative to what he is expected to make.

Denver Broncos offensive tackle Mike McGlinchey (69) lines up against the Kansas City Chiefs during the game at GEHA Field.

Oct 12, 2023; Kansas City, Missouri, USA; Denver Broncos offensive tackle Mike McGlinchey (69) lines up against the Kansas City Chiefs during the game at GEHA Field at Arrowhead Stadium. / Denny Medley-USA TODAY Sports

2023 OTC valuation: $8.3M

2024 salary: $15M

McGlinchey represented the biggest investment the Broncos made in free agency in 2023. He signed a five-year, $87.5M contract that effectively tied him to the Broncos for three seasons.

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McGlinchey’s first season with the team was a mixed bag. While he was a good run blocker, he struggled with pass protection. While some of it could be blamed on quarterback play, plenty of it was his responsibility.

McGlinchey needs to clean up his pass protection issues to justify the investment the Broncos made in him. While improved QB play will help, McGlinchey needs improvement himself.

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Denver Broncos defensive tackle D.J. Jones (93) following his sack fumble recovery against the New England Patriots.

Dec 24, 2023; Denver, Colorado, USA; Denver Broncos defensive tackle D.J. Jones (93) following his sack fumble recovery in the first quarter against the New England Patriots at Empower Field at Mile High. / Ron Chenoy-USA TODAY Sports

2023 OTC valuation: $3.4M

2024 salary: $10M

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Jones signed a three-year, $30M contract with the Broncos back in 2022 and played well, though he was solid overall. Still, he might have received more money than expected for a defensive lineman whose strength is in run blocking.

In 2023, Jones didn’t play as well as he did a year earlier. I had thought the Broncos might cut him to save some cash and cap, but the Broncos decided to keep him.

It’s not a given that the Broncos will move on from Jones after training camp, so as he enters the final year of his deal, it would be good to see him bounce back.

Denver Broncos running back Javonte Williams (33) celebrates his touchdown with guard Ben Powers (74).

Oct 29, 2023; Denver, Colorado, USA; Denver Broncos running back Javonte Williams (33) celebrates his touchdown with guard Ben Powers (74) in the first quarter against the Kansas City Chiefs at Empower Field at Mile High. / Ron Chenoy-USA TODAY Sports

2023 OTC valuation: $5.9M

2024 salary: $12M

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Powers was another notable free agent signing in 2023. He received $27M fully guaranteed in the four-year, $52M contract he received.

Powers had his ups and downs in the 2023 season. He needs to show more consistency, week to week, to justify the commitment the Broncos made to him.

To be fair, the contract Powers signed didn’t put him in the top tier and looks great when compared to deals handed out to free-agent guards this offseason. But it would be good to see Powers improve and give the Broncos better value out of his contract.


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Denver-ish Central Market? RiNo food hall vendors claim they’ve been pushed out

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Denver-ish Central Market? RiNo food hall vendors claim they’ve been pushed out


When Denver Central Market opened at 2669 Larimer Street 10 years ago, the food hall was a harbinger of RINo’s revitalization, serving as an anchor destination for residents and visitors alike. 

Today, the space looks to be in the midst of a seismic transition. Over the past week, three of the vendors occupying prime real estate in the 12,000 square-foot facility have exited, leaving behind empty shelves, empty counters and, in some cases, hard feelings. 

The Curio bar at Denver Central Market sits empty of both booze and customers, but is expected to reopen next week.

The Curio bar is now temporarily closed. Shelves once full of spirits and mixers sit as empty as a frat house liquor cabinet after rush week; the long tables and stools have no drinkers to fill them. Directly across from the bar are the empty glass cases of the Butchers at RiNo, which once stored large cuts of beef, pork and chicken that customers could either order sandwiches made from on-site or take home to cook themselves. 

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And the long counter at High Point Creamery, occupying the space connecting the Crema coffee shop to Izzio Bakery, now lies bare, with exposed wires and broken drywall as the only evidence of its former occupant. 

While there’s still plenty of activity at the other food stalls that call Denver Central Market home, all this begs the question: What the hell is going on? The food-hall’s management says it’s just part of the natural cycle of concepts entering and exiting as leases expire. Vendors, however, say they’re being pushed out. 

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“Changes in tenants are pretty typical for a Market/Food Hall and we’ve had very little over the past ten years,” reads a statement from Denver Central Market, delivered through a spokesperson, who notes that the exiting businesses were on 10-year leases that had expired. “But we are excited for what’s to come. News to follow.”

Vendors, however, tell a different story, accusing Denver Central Market owner Ken Wolf of pushing them out and generally making them feel unwelcome during their time at the space. 

“After a decade of building High Point Creamery at Denver Central Market, we weren’t given a meaningful opportunity to continue operating there,” says High Point Creamery founder and CEO Erika Thomas. “Ken Wolf chose not to renew our lease and instead gave the space to Etai Barron of Izzio.”

Denver Central Market - High Point Creamery
High Point Creamery was hoping to stay at Denver Central Market through September.

Neither Denver Central Market nor representatives of Izzio have confirmed that Etai Barron is taking the space. But Thomas isn’t the only vendor to complain.

“I’d like to thank all my customers, employees, vendors, friends and family for helping Butchers at RiNo operate and almost flourish,” writes Butchers at RiNo owner and general manager Brent Ratliff. “I put a lot of blood, sweat and tears into this business that hopefully brought immense joy. It’s unfortunate property management didn’t make us feel welcome when we began, nor when we closed. Best of luck to everyone.”

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Among the various allegations of heavy-handed management are instances of DCM ownership dictating the name and branding of new businesses entering the space, and even pushing back on products they chose to sell. Tenants have also cited confusing and expensive facility fees that all vendors must pay in addition to rent for shared services, such as table busing, security and maintenance services that they claim proved inadequate. Saying they fear legal action, some of the vendors who share these complaints request anonymity.

They have more specific concerns, too. On May 29, for instance, the building was temporarily closed to address an issue with the water, which vendors say was regularly not hot enough to pass health inspections, or was too low in pressure to be useful. According to city records, three in-progress Denver Department of Public Health & Environment complaints were filed against the facility May 28-29, but it is unclear if those are directly related to water problems. 

According to sources, fingerpointing between DCM owner Wolf and the building’s owner, Eden Ventures, has turned this and other facility issues into a game of endless hot potato, leaving problems unresolved.

Denver Central Market - Butcher
The Butchers at RiNo in Denver Central Market is closed and empty. No word yet on who or what will replace it.

Wolf and chef Jeff Osaka — who operated the Sushi-Rama franchise in Denver, among other concepts — opened DCM in 2016 to great fanfare and customer traffic, filling a void in the then-nascent RiNo neighborhood. In 2019, Wolf sold the building occupied by Denver Central Market, along with other properties along the block, to Eden Ventures for a reported $55 million. Soon after the sale, the relationship between Wolf and Eden Ventures soured, with Wolf suing the new owners over lease-extension terms and, at one point posting signs at the food hall forbidding Eden employees from entering. 

While Eden Ventures owns the building, Wolf still leases the space, and in turn leases the individual food and retail stalls to vendors. Of the 11 original vendors from a decade ago, only three are left: Izzio, Crema and Green Seed Market. Most of the concepts that have entered DCM since — including Tammen’s Fish Market, Lunchboxx, Vero, and Temper Chocolates and Confections — are companies in which Wolf has an ownership stake. 

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DCM management is rumored to be taking over the Curio bar space, which could reopen as soon as next week, and the Butcher in RiNo space also reportedly has an interested buyer. And whether or not Izzio replaces High Point Creamery, the owner of that venture is relieved to move on.

“Fortunately, High Point was never defined by a single location,” says Thomas. “Today we operate five locations, including our newest shop at McGregor Square. We’ve found fantastic partners who value what we bring to the table, and we’re excited about what’s ahead.”

Denver Central Market is located at 2669 Larimer Street and is open from 8 a.m. to 9 p.m. Sunday through Thursday and 8 a.m. to 11 p.m. Friday and Saturday. For more information, visit denvercentralmarket.com.



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Defensive lineman Jordan Miller has a tough battle to make the Broncos’ final 53-man roster

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Defensive lineman Jordan Miller has a tough battle to make the Broncos’ final 53-man roster


As the Denver Broncos prepare for the 2026 season, they have a lot of positives going for the franchise. One of them would be their defensive line. Once a position group with a lot of questions marks, it has ascended to one of the best units in the National Football League over the past few seasons.

The departure of John Franklin-Myers in free agency may have an impact on the group’s performance for the upcoming gridiron campaign. Though the Broncos are hoping a combination of young players they have drafted over the past several seasons can offset the loss of Franklin-Myers.

One player hoping to make the squad is defensive lineman Jordan Miller. At the conclusion of the 2024 NFL Draft, the Broncos signed Southern Methodist standout and gave him one of the biggest signing bonuses from that cycle. For the past two seasons, Miller has been a practice squad player for the Broncos. After two years learning the ropes, is Miller finally ready to earn a spot on Denver’s final 53-man roster? Let’s discuss.

Age: 26 | Experience: 2 | College: SMU (via Miami) | Height: 6’3” | Weight: 307 pounds

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Arm Length: 33-3/8” | Bench: 27 reps | 40-Yard Dash: 5.18 seconds

Jordan Miller’s 2026 outlook with the Broncos

Several years ago, I highlighted Miller’s strengths in our 2024 roster review series. His strength and size at the point of attack are enticing. Additionally, he boasts a tremendous wingspan on the interior which routinely gave opposing offensive linemen in his collegiate career fits.

The physical traits Miller has are certainly promising. However, entering his third year with the Broncos, he faces steep competition in order to make the final 53-man roster. That’s no fault of his own—it’s just the reality of the situation—Denver’s defensive line is stacked.

I believe the franchise will keep six defensive lineman in the rotation once again this season. Having six players in their trenches will help keep the rotation fresh and give them a shot to be at their best. Zach Allen, Sai’vion Jones, Tyler Onyedim, D.J. Jones, Malcolm Roach, and Eyioma Uwazurike appear to be the favorites set to make the squad. With that in mind, it is hard to see a viable path for Miller to make the squad.

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Given the aforementioned, it seems like Miller will once again be a practice squad candidate for the Broncos. In the event that something were to happen to Jones or Roach, I could see Miller getting called up to the active roster to help handle spot duty reps on the interior of Defensive Coordinator Vance Joseph’s defensive front.



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Family: Injured firefighter improving after deadly wrong‑way crash on I‑25 in Denver

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Family: Injured firefighter improving after deadly wrong‑way crash on I‑25 in Denver


DENVER — A lieutenant with Berthoud Fire who was injured after he was struck head-on by a wrong-way driver in Denver last month is making progress, according to a Tuesday update.

The wrong-way driver, identified as 25-year-old Kevem Dos Santos, was killed in the May 17 crash inside the barrier-separated HOV lanes on Interstate 25.

Ken Bradley, the Berthoud Fire lieutenant, was traveling to work when the crash occurred. He was transported to the hospital with serious injuries.

The crash left Bradley with multiple fractures in both legs, fractures to his left arm, a dislocated right shoulder, several broken ribs, and a collapsed lung.

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Bradley’s family said he is now able to get in and out of his wheelchair on his own. But he faces additional surgeries this week to reconstruct his ankles and feet.

His family thanked the more than 800 donors who have contributed $85,000 to his GoFundMe and said he remains in good spirits.

Police have not said how Dos Santos managed to access the gate-controlled HOV lanes, leaving many questions unanswered.

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