Broncos currently have fourth most salary cap in NFL

With the COVID-19 opt outs wrapped up, the Denver Broncos only saw two veterans take the opt out for 2020. That left them with the fourth most salary cap space in the NFL. Field Yates of ESPN put them at $29,541,191.

Official cap space post-opt outs (1-11):
1. CLE: $40,468,180
2. NE: $33,431,135
3. WAS: $30,634,658
4. DEN: $29,541,191
5. NYJ: $29,266,652
6. TEN: $25,199,921
7. MIA: $24,650,560
8. BUF: $24,288,558
9. PHI: $23,749,246
10. DET: $22,933,007
11. IND: $22,256,027— Field Yates (@FieldYates) August 7, 2020

The two Broncos players to opt out were Ja’Wuan James and earlier Kyle Peko.