The Denver Broncos have a healthy salary cap situation going into the 2023 NFL season, but it’s not a perfect situation.
Denver has more than $11 million worth of “dead money” counting against their cap, according to OverTheCap.com. The most common example of dead money is when a player no longer on the team still has a cap hit.
Buy Broncos TicketsIf, for example, a player signs a three-year deal with a $3 million signing bonus, that bonus would be prorated as $1 million cap hits per year over three seasons. If that player was then cut after one year, he would still have $1 million cap hits in each of the next two seasons despite no longer being on the team.
Here is a quick look at the ten players no longer on the Broncos’ roster who will have the biggest dead money salary cap hits in 2023.
1
OL Graham Glasgow: $3,000,000
2
Ronald Darby: $3,000,000
3
Brandon McManus: $1,231,250
4
Jacob Martin: $1,000,000
5
K.J. Hamler: $687,661
6
Marquez Callaway: $302,500
7
Michael Ojemudia: $253,890
8
McTelvin Agim: $214,317
9
Albert Okwuegbunam: $187,261
10
Jamar Johnson: $155,112
