Josh Reynolds signed with the Broncos for less than initially reported

Former Lions WR Josh Reynolds signed with the Broncos as a free agent for less than initially reported

Former Lions wide receiver Josh Reynolds is now a member of the Denver Broncos. The veteran wideout signed in Denver this week as a free agent.

Initially, reports indicated that Reynolds inked with the Broncos for a deal in the $7 million per season range for two years. The actual deal is considerably lower.

Per Over The Cap, Reynolds signed in Denver for $9 million over two seasons. He received a $2 million signing bonus and a total guaranteed salary of $2.245 million in 2024, with no guaranteed salary in 2025. There are also roster bonuses that total $765,000 in the two seasons.

Reynolds counts $3.5 million against Denver’s cap in 2024 and $5.5 million in 2025, though cutting him after one season would cost Denver just $1 million in dead salary cap room.