The Broncos are believed to be done making splashes in free agency but that doesn’t mean the team is out of money.
After learning the details of Graham Glasgow’s contract, OverTheCap.com estimates that the Broncos have $21,960,396 in remaining salary cap space. That includes the cap hits for new players such as A.J. Bouye (around $13.4 million), Jurrell Casey (about $11.8 million) and Melvin Gordon ($7 million).
That total does not include the cap hit for new punter Sam Martin, who will earn an average of $2.35 million per year. Martin’s cap hit probably won’t be exactly $2.35 million this season but for the sake of an estimation, we’ll subtract that from OTC’s number to get $19,610,396 in remaining cap space.
Denver will want to have some cap space remaining during the season to sign injury replacements but the Broncos could still make a few moves and have money left over for a rainy day. Any unused cap from this season will roll over and be added to the team’s 2021 cap total.
Denver might consider making a few more bargain signings. One possible candidate could be cornerback Prince Amukamara, who played with Vic Fangio in Chicago. If he is still available after the draft, Amukarama could make sense as an experienced depth player for the Broncos’ secondary.
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