On Monday night, the Denver Broncos announced their first contract agreement with former Texans cornerback/safety Kareem Jackson during the ‘Legal Tampering Period”. Jackson signed a 3 year, $33,000,000 contract to join the Denver Broncos secondary.
Let us take a look at the details of Jackson’s deal via Over The Cap.
- Jackson only has a $6 million dollar cap hit in 2019 but a $14 million dollar cap hit in 2020(*Note: Broncos will have multiple high priced veterans come off the books in 2020 freeing up plenty of cap room)
- Has a 2021 option that must be exercised by the start of the 2021 league year
- Broncos will eat a $3 million dead money hit if they decline that 2021 option
This is basically a two-year deal for Kareem Jackson. That third year is an option year and if declined the Broncos free up $10 million dollars while eating a $3 million dead money hit which isn’t great, but not awful.
In the end, the Broncos get a versatile player who has become a bit of a late bloomer and someone who fits the mold of a Fangio defensive back. He’s physical, he can surely hit(ask Phillip Lindsay) and he can play cornerback or safety at a high level for the Broncos.
A solid couple year deal to help set the culture, identity, and play style of a Vic Fangio led Denver Broncos defense.