In addition to having 17 players scheduled to become unrestricted free agents this spring, the Denver Broncos will also have four restricted free agents (RFAs) and two exclusive rights free agents (ERFAs), according to Spotrac.com.
Players set to become RFAs are eligible for one-year first- ($6,005,000) or second-round ($4,304,000) tenders, or a right of first refusal ($2,627,000) tender (salaries courtesy of OverTheCap.com).
If the Broncos, for example, place a first-round tender on an RFA and that player signed a bigger contract with another team, that club would have to send a first-round pick to Denver for the player. The same concept applies to a second-round tender, and the right of first refusal tender would give the team a chance to match an offer a player might receive from another club.
Players with ERFA statuses are eligible for one-year contracts at the NFL’s minimum salary, and they are not eligible to negotiate with other teams. So if Denver wants to keep their ERFAs, it’s easy to do so.
Here is the full list of Broncos players scheduled to become restricted or exclusive rights free agents this spring.