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Broncos have $11.479 million in salary cap space

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The Denver Broncos are done with free agency until they can find some salary cap space, because they are right at the limit needed for their 2018 NFL Draft picks.

NFL: Preseason-Denver Broncos at Arizona Cardinals Mark J. Rebilas-USA TODAY Sports

The Denver Broncos have been mostly quiet during free agency. They made a big trade to move Aqib Talib that freed up a big chunk of salary cap space they needed in order to sign Case Keenum to a healthy 2-year deal with $25 million in guarantees. Their other big trade was to pick up a veteran right tackle in Jared Veldheer. Outside of that, they’ve focused mostly on adding depth on defense.

Broncos 2018 free agent signings

  • Case Keenum, 2-year, $36 million.
  • Todd Davis. 3-year, $15 million.
  • Clinton McDonald. 2-year, $7 million.
  • Tramaine Brock. 1-year, $3 million.
  • Billy Turner. 1-year, $2 million.

That is your 2018 Broncos free agent class. They are down to $11,479,555 in salary cap space according to Spotrac. If you include the $10,085,137 in projected draft pool and the Broncos have a paltry $1,394,418 in cap space remaining for the season.

They could still make some roster moves. Cutting or trading C.J. Anderson would free up an immediate $4.5 million, but that is something you would wait until after the draft to do. John Elway was noncommittal over Anderson’s long-term future in Denver in an interview with Mike Klis of 9News this week, so that is definitely worth noting.

“He may or may not,’’ Elway told Klis. “Who knows? We’re going to continue to massage this thing and try and figure out what’s best and gives us the best opportunity to win football games. C.J. obviously had a great year for us last year. We’ll see where that takes us. Obviously, there’s a lot of moving parts to it when you talk about the (salary) cap and all those type things, too, so we’ll continue to work on it and see what happens.’’

Max Garcia is another player that might be on the chopping block who would free up nearly $2 million with little dead money implications. As it stands, however, the Broncos are done with free agency if you are looking at their cap situation.

On to the 2018 NFL Draft!