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Denver Broncos: Preliminary Cap Report

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Hello Broncos Country, heading into the free agency period, I wanted to assess the Broncos cap situation at the moment.

Elsa

The projected cap number next season is about 126.0 Million. That gives the Broncos an additional 3 million in space to begin with bringing that preliminary number to 9.456 Million.

From there, here is a short list of contracts that could go away in some fashion to provide more money:

Player

Base

Bonuses

Cap

Dead

Cap Savings

Bailey

9.0

1.0

10.0

0

10.0

Kuper

5.0

0.91

5.91

1.8

4.08

Tamme

3.0

0.5

3.5

0.5

3.0

Dreessen

2.5

0.67

3.17

0.67

2.5

The obvious contract here is Champ Bailey. He may be back, but he definitely won't be back at those numbers. The vet minimum for players with 10 or more years of service is 955K. I'd be comfortable estimating his contract at 2.5 million (1 million base, 1 million roster, 500k performance) with a final cap hit between 1-2.5 million. For the sake of conversation let's say he maxes it out and the number is 2.5. That would give the Broncos with a potential savings of 7.5 million.

Chris Kuper is a shell of his former self and spent the last part of the season inactive most weeks. I think we will see the Broncos waive goodbye to Kuper saving another 4.08 million on the cap.

Coming down to Tamme and Dreessen, I think Tamme still holds more value especially with the unknown surrounding Eric Decker. For now I'll say he sticks, and Dreessen is cut freeing up another 2.5 million in space.

With those three players alone you save 14.08 million. Added to the rollover amount of 6.456 million and the extra 3 million in space with the higher cap number, the Broncos could head into free agency with about 23.5 Million in cap space. Take away 5 million for the upcoming draft class and you you have approximately 18.5 million to play with.

There are some other small cuts that can be made to save money, but these are the players with the highest numbers heading into 2014 that are the most expendable. Of course, the Broncos could part ways with Champ Bailey and Jacob Tamme completely providing even more room, but for now let's hedge our bets.

18.5 million to play with seems like a decent number to start with. What do you think of these moves Broncos Country?

(Salary numbers courtesy of Over the Cap dot com)