The Denver Broncos have been quite busy ahead of the start of NFL free agency this week. With legal tampering officially kicking off today, I thought it might be good to get some updated salary cap numbers out there for us fans.
Spotrac dropped a tweet on Saturday showing the Broncos had freed up nearly $50 million in cap space in the last week, which seemed a lot easier than I expected it to be last month.
The #Broncos have now freed up $49M of 2024 cap space with:
- Justin Simmons' release
- Jerry Jeudy's Trade
- Mike McGlinchey's conversion
- Tim Patrick's restructure
- Chris Manhertz's release
They approach the tampering period with around $28M to work with.