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Broncos can create a lot more cap space with restructured contracts
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- Broncos can create a lot more cap space with restructured contracts
The Denver Broncos could create an additional $48,817,438 in salary cap space this offseason by restructuring select contracts, according to an estimate from OverTheCap.com .
Teams can restructure items like roster bonuses and base salaries by converting them to signing bonuses and spreading the cap hits out over the course of the contract. For example, a 2023 roster bonus of $1 million on a four-year contract could be restructured to a signing bonus with cap hits of $250,000 over four seasons. That could save $750,000 in cap space in Year 1 as a simple restructure.
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Teams can also do a maximum restructure by adding void years or an extension to the current years of an existing contract. That's a more complicated process. Denver could create an additional $92,106,104 through maximum restructures, but that's unpractical and unlikely to happen.
Broncos general manager George Paton will likely executive several simple restructures, though, and that could create more than $48 million in additional cap space, bringing the team's total to $57,218,495.
Denver is currently projected to have about $13,698,473 in cap space, but several cap-saving moves are likely on the way. Stay tuned.
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