The Denver Broncos picked up the 2020 contract options for outside linebacker Von Miller, kicker Brandon McManus and inside linebacker Todd Davis on Friday, the team announced.
The team declined the contract option for guard Ron Leary, a move that will save more than $8 million in salary cap space. Denver now has around $41.9 million in cap space. That number could increase to $51.95 million if the Broncos move on from quarterback Joe Flacco.
By picking up Miller’s option, the Broncos are guaranteeing $6 million of his 2020 salary. Denver guaranteed $1 million for McManus and just $500,000 for Davis, according to KUSA-TV’s Mike Klis.
The Broncos also placed a franchise tag on safety Justin Simmons on Friday. Denver general manager John Elway will now prepare for the start of the NFL’s free agency negotiating period (March 16) and the beginning of free agency (March 18). After tagging Simmons, the Broncos now have 14 players scheduled to become unrestricted free agents.
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