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NFL sets 2024 salary cap: What it means for Broncos

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NFL sets 2024 salary cap: What it means for Broncos


According to NFL Network’s Tom Pelissero, the NFL will be raising the 2024 salary cap to $255.4 million. This news is well-received for the Denver Broncos who must navigate a difficult salary cap situation over the next couple of seasons.

The $30 million increase was quite unprecedented, but the NFL explained via Adam Schefter saying the “unprecedented $30 million increase per club in this year’s Salary Cap is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.”

This record increase really helps the Denver Broncos out. Just days ago the estimate salary cap was more than $21 million in the hole, but with this unexpected jump they are now only $10.7 million over, according to OverTheCap.com. Though Spotrac is reporting that Denver is $13 million over. Not sure which site has the right numbers here. I dug into each and found they have different cap hits for a few various back end players, so I could not verify which site had the correct data. So we’ll just say its somewhere between $10.7 and $13 million over the cap for Denver right now.

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Ironically, this doesn’t impact the pending departure of Russell Wilson. The dead cap hit with a post-June 1st designation is the same either way. What it does do for Denver is it gives them options to keep some of their veteran guys. Add in a few contract sorcery and they’re just fine for 2024. If anything, they might be able to be a bit more active in the second wave of free agency than we initially thought.

Another thing of note is that cornerback Patrick Surtain II’s 2025 fifth-year option value is now locked in at $19.802 million. We should expect the Broncos to be picking that option up either way.

Running through OverTheCap’s calculator, my expected veteran releases will remain with D.J. Jones and Tim Patrick being the two main cap casualties this cycle. That would bring the Broncos to $8.7 million under the cap. Then they could do some contract work with their recent free agent signings to free up even more. Add in an extension for Garett Bolles or Justin Simmons and Denver would be sitting pretty for this season.

Overall, this unexpected salary cap increase is great news for Sean Payton and the Denver Broncos. The roster needs a lot of work and having that wiggle room to get out from under some bad contracts (cough, Wilson, cough) will be absolutely vital for this franchise to get back onto competitive footing.





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Denver, CO

Warren Village affordable housing complex welcomes first Denver residents

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Warren Village affordable housing complex welcomes first Denver residents


Warren Village affordable housing complex welcomes first Denver residents – CBS Colorado

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Warren Village’s new affordable housing complex includes 89 units on Alameda Avenue and Pecos Street in Denver.

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Denver, CO

Rand Paul Warns Denver Mayor on Deportations

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Rand Paul Warns Denver Mayor on Deportations


Rand Paul on Sunday issued a warning to the mayor of Denver: Don’t try to foil the coming Trump administration’s plans for mass deportations of undocumented migrants. On Face the Nation, the Kentucky senator referenced Mayor Mike Johnston’s suggestion that police and city residents would block federal efforts to deport people, per the Hill. The mayor is “on the wrong side of history” and would pay the consequences, he warned. “I would suspect that he would be removed from office.”

  • “I don’t know whether or not that would be a criminal prosecution for someone resisting federal law,” Paul added. “But he will lose. And people need to realize that what he is offering is a form of insurrection where the states resist the federal government.”

Paul’s comments come after the mayor told Denverite that it wouldn’t work to mobilize the National Guard to round up migrants in the city:

  • “More than us having (Denver police) stationed at the county line to keep them out, you would have 50,000 Denverites there,” Johnston said. “It’s like the Tiananmen Square moment with the rose and the gun, right? You’d have every one of those Highland moms who came out for the migrants. And you do not want to mess with them.”

Denver is a self-described “sanctuary city” that has seen an influx of 41,000 migrants over the past two years, per Colorado Politics. It’s not clear exactly how the Trump administration’s plan would play out, but incoming “border czar” Tom Homan has promised deportations on a historic scale, starting with criminals first. (More Denver stories.)





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Denver area events for Nov. 25: Pop-up holiday lounge at Union Station and more

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Denver area events for Nov. 25: Pop-up holiday lounge at Union Station and more


If you have an event taking place in the Denver area, email information to carlotta.olson@gazette.com at least two weeks in advance. All events are listed in the calendar on space availability.

Monday

Sipping N’ Painting Hampden — “Alaska Night,” 6:30-8:30 p.m., Sipping N’ Painting Hampden, 6461 E. Hampden Ave., Denver, $35. Registration required: sippingnpaintinghampden.com.

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Brazilian Zouk Classes and Social Dance — 7-11:30 p.m., Mercury Café, 2199 California St., Denver, $20 class and social, $15 social only; mercurycafe.com.

Cloud Nothings — With Armlock, Famers Wife, 8 p.m., Bluebird Theater, 3317 E. Colfax Ave., Denver, $25. Tickets: axs.com.

Mile High Holidays Drone Show — 7 p.m. through Dec. 31, Denver skies; denver.org/milehighholidays.

“American Dreams” Exhibit — Through Dec. 31, Molly Brown House Museum, 1340 Pennsylvania St., Denver, go online for prices. Tickets: mollybrown.org.

“Shadow and Light: Patrick Marold” — Through Jan. 5, Denver Botanic Gardens, 1007 York St., Denver, go online for prices; botanicgardens.org.

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“Vanity & Vice: American Art Deco” — Through Jan. 12, Kirkland Museum of Fine & Decorative Art, 1201 Bannock St., Denver. Go online for prices. Tickets: kirklandmuseum.org.

“Dawoud Bey: Street Portraits” — Through May 11, Denver Art Museum, 100 W. 14th Ave. Parkway, Denver, go online for prices: denverartmuseum.org.

Monday-Dec. 28

Miracle at Union Station: Buddy’s Bar — Pop-up cocktail lounge featuring holiday décor, cocktails and a designated Hanukkah table, 4-p.m.-midnight, Galley Bar on lower level, Union Station, 1701 Wynkoop St., Denver. Reservations: denverunionstation.com.

Monday-Dec. 30

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Free Downtown Trolley Rides — See the downtown Castle Rock decorations, 5-7 p.m. Mondays-Tuesdays, no rides Dec. 24, pickup/drop-off points Encore Garage Entrance on South Street between Wilcox and Perry Street and Douglas County School District Parking Lot Entrance on 6th Street Wilcox and Perry Street, Castle Rock; crgov.com/2622/season-of-the-star.

CARLOTTA OLSON, The Denver Gazette



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