After giving a massive contract extension to cornerback Pat Surtain earlier this week, the Denver Broncos have $6,760,584 in remaining salary cap space, according to an estimate from OverTheCap.com. Spotrac.com lists a slighter higher number ($7,551,316), but the websites are in a similar ballpark.
The Broncos would have been over the cap going into the season if they did not restructure wide receiver Courtland Sutton’s contract on Wednesday. Denver converted most of Sutton’s salary into a bonus, saving $9.5 million in 2024 cap space (the team was a few million over the cap before that).
With somewhere between $6.7 million and $7.5 million in cap space, the Broncos now have room for potential in-season signings. If players go on injured reserve, they also count against the cap, so Denver needed to have a cushion going into the season.
The Broncos rank 20th in the NFL in available cap space, third in the AFC West behind the Los Angeles Chargers ($9 million) and Las Vegas Raiders ($28.7 million). The Kansas City Chiefs are last in the division with $5.4 million in remaining cap space.
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