The Denver Broncos are projected to be $24 million over the salary cap this offseason, which could lead to some tough decisions.
The Broncos might choose to trade — or even release — select veterans with large cap hits this spring. Denver left tackle Garett Bolles is set to have a $20 million cap hit in 2024, and the team could save $16 million if they release him.
The veteran tackle has an uncertain future, but he hopes to finish his career with the Broncos.
“I’d love to be a Bronco for life,’’ Bolles told KUSA-TV’s Mike Klis at NFL Honors last week. “I think it speaks volumes for a player who can play his entire career with one team.”
Bolles, 31, has been around the NFL long enough to know nothing is guaranteed.
“I’d love to be in Denver,” he said. “It’s where my kids grew up. It’s where my wife is. It’s where they go to school. But at the same time the good Lord knows where I need to be. It is a business.”
Instead of releasing the tackle, the Broncos could get some cap relief by giving him a contract extension, pushing some of his cap hit into the future. That’s one of the many options Denver’s front office will consider this spring.
“I love everything about Denver,” Bolles said. “The fans. The people. The organization from top to bottom. I’m just very grateful to be a Denver Bronco.”
Bolles is under contract to remain a Bronco through the 2024 season, but anything could happen in the next few weeks. The NFL is a business and the Broncos might have other plans, but Bolles hopes to remain in Denver.
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