On the eve of the NFL’s season opener, OverTheCap.com projected that the Denver Broncos had about $200,000 in remaining salary cap space. With in-season signings and potential injured reserve additions on deck this fall, the Broncos needed more breathing room going into the season.
So the team restructured wide receiver Courtland Sutton’s contract to create an additional $9.5 million in salary cap space, according to ESPN’s Field Yates. Denver took $11.875 million of Sutton’s $13 million salary and converted into into a bonus, according to KUSA-TV’s Mike Klis.
There’s no downside for Sutton because he’ll still get paid the same total amount, and now most of it has been paid upfront. The upside for the Broncos is that they can spread the bonus over more than one year for cap flexibility. The cash has already been paid, but the cap hit is being kicked down the road.
Denver is now presumably cap compliant going into the 2024 season.
