Happy Wednesday, Country.
Yesterday, the Denver Broncos trimmed their roster to 75 players. With the season on the horizon, the team will make additional moves shortly after their final preseason game in order to get to the magic number of 53.
Only the top 51 salaries on any given team count towards the salary cap and the Broncos released several players, including Garrett Graham and Britton Colquitt that were a part of that category, but no longer are. According to OverTheCap, yesterday's cuts now give the Broncos roughly $8.7 million dollars in cap space for the 2016 season.
That number could go up even more if the team decides to cut or better yet, trade quarterback Mark Sanchez or release other players (such as Ronnie Hillman) and give them the space necessary to extend wide receiver Emmanuel Sanders.
However, the Broncos are not obligated to spend any of that money this year and do have the option of rolling over any unused cap space into the 2017 season. If they went this route, they could have as much as $50 million dollars to spend in free agency and their rookie draft class next season in order to bolster the squad.
That is an impressive amount of cap space and the team already has 46 players under contract for next season. Don't forget that the franchise will also boast a high number of draft picks (as many as ten, if not more) and figure to have five selections in the Top 100 picks in the 2017 NFL Draft.
Most certainly, you can count on John Elway making some big splashes in order to have the Broncos competing for championships on a consistent basis.
What would you like to see the Broncos do with the cap space that they have? Sound off in the comments section and give us your own personal scenarios.
As always, thank you for reading and here is today's offering of Horse Tracks.
Denver Broncos quarterback Mark Sanchez awaits his fate
Mark Sanchez went from "an opportunity of a lifetime" with the Broncos to becoming a potential cut, but he isn't bitter about his situation.
The Broncos’ New Quarterback Is Inexperienced, But At Least He’s Not Peyton Manning
When the Denver Broncos begin their title defense with Trevor Siemian under center on Sept. 8, they’ll be in a rare spot for reigning Super Bowl winners.
Britton Colquitt cut by Denver Broncos with two others as roster trimmed to 75 players
Britton Colquitt, the veteran punter so often leaned on during the Broncos' playoff run last season, was removed from Denver's roster Tuesday as the team met the NFL's first deadline for roster cuts.
Denver Broncos star Von Miller has a new contract, new role and new responsibilities
Von Miller is carrying the Broncos. Can he handle the load?
Australian Adam Gotsis' NFL journey still a work in progress
Australian Adam Gotsis, who got his first taste of football from a video game, is an important part of the Broncos' rotation in the defensive line.
Teddy Bridgewater suffers dislocated knee, torn ACL
Minnesota Vikings practice was cut short Tuesday after quarterback Teddy Bridgewater suffered a dislocated knee and torn ACL, the team announced Tuesday.
Justin Houston (knee) to start 2016 season on PUP
The Kansas City Chiefs will be without Justin Houston for at least six weeks. The pass rusher was placed on the PUP list to start the season after undergoing offseason surgery.
Notable cuts tracker: Bjoern Werner released by Jags
NFL Media Insider Ian Rapoport reported Tuesday that the Jaguars has released the former Colts draft pick after Bjoern Werner failed to climb the depth chart during the preseason.
Steelers place TE Ladarius Green on PUP list
The Pittsburgh Steelers placed Ladarius Green on the physically unable to perform list to start the season. Green will miss at least the first six games of the season.
Patriots put Dion Lewis, Sebastian Vollmer on PUP list
The New England Patriots will start the season without running back Dion Lewis and offensive tackle Sebastian Vollmer. Both players were placed on the team's physically unable to perform list.
The verdict is in on Tim Tebow's baseball showcase
Tim Tebow held his baseball showcase Tuesday in front of media members and scouts. It went about as well as can be expected for a football player who hasn't played a game of organized baseball in years.