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The Broncos are in excellent cap position for the 2021 offseason

The Denver Broncos may have lost in 2020, but their cap situation is in a great spot for them to take the necessary steps to turn it around.

NFL: Tennessee Titans at Denver Broncos Isaiah J. Downing-USA TODAY Sports

As we move further into the 2021 offseason, we’re delving into all manner of possible free agents that your Denver Broncos may target in order to improve.

As we’ve seen them make some moves to release good players that are expensive (Jurrel Casey and A.J. Bouye come to mind), it begs the question, “What is the Broncos cap situation right now?”

Taking a peek at the great work at https://overthecap.com/salary-cap/denver-broncos/ we see the Broncos as it stands, appear to have just north of $42 million in space.

For those of you in Broncos Country that aren’t into this aspect of the NFL, this is a very good spot as far as flexibility goes. The team hasn’t restricted their abilities to make moves to bring in talent by signing poorly structured contracts. For as much as we bag on John Elway in his performance as a GM, this is one area he has always been excellent at. He constantly front-loads contracts with guaranteed money and leaves buffer years at the backside of a contract that allows the Broncos to release players if they are no longer playing up to potential or if the team just flat out needs to save some money.

There are still possibilities to open up even more room, if needed as well. The team could restructure Von Miller’s contract, have options to release or restructure Kareem Jackson, and let go of maybe a player like Nick Vannett if they feel like they have better options at TE that aren’t as costly.

Broncos News:

ESPN’s Mel Kiper explains why he projects the Broncos to pass on a quarterback for CB Caleb Farley in the first round
In a media conference call on Monday, ESPN NFL Draft expert Mel Kiper Jr. explained his most recent mock draft projections for the Denver Broncos.

Mile High Morning: What's the Broncos' greatest win ever?
In picking each franchise's top victory, CBS Sports’ Bryan DeArdo picked for Denver one of its three Super Bowl victories.

Mile High Morning: Tom Brady looked at Peyton Manning’s Denver achievements as goal in Tampa
“He said one of the things that looked really fun and challenging to him is what Peyton did in Denver,” Christensen said on CBS Sports Radio.

Other NFL News:

Understanding the salary cap, dead money and impact of 2021 decrease - Sports Illustrated
With NFL teams about to open their wallets, here’s a refresher course on the salary cap and an explanation of why we’ve seen bigger dead-money cap hits lately.

Tight end Kyle Rudolph released by Vikings after 10 seasons
Following 10 seasons and two Pro Bowl trips as a member of the Minnesota Vikings, tight end Kyle Rudolph has been released by the team, NFL Network Insider Ian Rapoport and NFL Network's Tom Pelissero reported Tuesday. The team later confirmed the relea

Cynthia Frelund 2021 NFL mock draft 1.0: Who teams should draft to win now
In Cynthia Frelund's first NFL mock draft of the year, she uses her analytics-driven model to determine each team's best pick to maximize wins in 2021. Are the Jets and Falcons better off bypassing QBs?

Top 101 NFL free agents of 2021: The best players available
Gregg Rosenthal has scoured the impending market to formulate NFL.com's Top 101 Free Agents of 2021. Who are the best players available in this year's class?

JJ Watt: How he kept his free agency decision a secret - Sports Illustrated
J.J. Watt enlisted some local help in order to keep his free agency decision a secret.

David Johnson reworks deal for 2021 with Houston Texans, source says
David Johnson will remain with the Texans for the 2021 season after agreeing to restructure his contract, a source told ESPN.

Lawyer seeking 'most serious charges' against ex-Chiefs assistant coach Britt Reid
A lawyer for the family of a 5-year-old girl critically injured in a crash involving former Kansas City Chiefs assistant coach Britt Reid is seeking the "most serious charges and the most serious sentence that Britt could ever receive."