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This should give the Broncos a little more flexibility when deciding which guys to retain and go after. A while back the Broncos were reported to have had about 18,500,000 million in cap space which was decreased due to performance escalators met by a number of different players. That shrunk the available number down to about 14,000,000 million.
According to an article Kirk found from pro football talk dated on February 6th--the Broncos stood at 14,100,000 million of cap space which was the rollover number from 2012.
Now, digging a little deeper, a great resource spotrac seems to back up that pro football talk number and lists the following:
2013 Totals |
Base Salary |
Signing Bonus |
Other Bonus |
Cap Figure |
Top 51 Contracts |
97,771,848 |
13,918,716 |
6,641,750 |
118,332,314 |
Dead Money |
997,935 |
--- |
--- |
997,935 |
2012 Rollover |
--- |
--- |
--- |
14,100,000 |
Overall |
99,984,783 |
13,918,716 |
6,641,750 |
105,230,249 |
In other words that 105,230,249 million figure is our cap number, with the cap set at 123,000,000 million, that leaves the Broncos with a grand total of 17,769,751 million.
Take away the 9,660,000 million that will be eaten up by Ryan Clady's tag and that number comes down to 8,109,751 million. But that's even before any potential cuts or restructuring which is more than likely to happen. After allocating 5,000,000 million or so to the next draft class, the Broncos depending on how much they get back from other moves, should have enough to be a bit more flexible in FA.
All in all, it is good to see the Salary cap number higher than expected. What do you think Broncos Country?