The Denver Broncos have converted $10.5 million of wide receiver Courtland Sutton’s contract into a signing bonus, ESPN’s Field Yates reported Sunday morning.
Sutton will ultimately be paid the same amount, but Denver will get some salary cap relief this season. The Broncos created an additional $7.875 million in 2020 cap space by restructuring Sutton’s contract.
This marks the second cap-related restructure Denver has done this weekend. On Friday, the Broncos converted part of receiver Tim Patrick’s contract into a signing bonus, creating $4.6 million in extra cap space.
