The Denver Broncos re-signed fullback Michael Burton to a one-year deal last week. Terms of that contract are now known.
The Broncos utilized the NFL’s Veteran Salary Benefit rule to give Burton a lower salary cap hit than his salary, according to the Denver Gazette‘s Chris Tomasson. Burton’s one-year deal will have a total value of $1,377,500, but his cap hit will be $1,152,500.
That’s thanks to the VSB rule that helps veterans re-sign on cap-friendly deals instead of being replaced by younger, cheaper options on rookie contracts. Burton’s base salary will be $1.21 million, and he also received a $167,500 signing bonus.
Because his salary is not guaranteed, Denver could release Burton with a “dead money” cap hit of just $167,500 and a net savings of $985,000. The fullback seems likely to make the 53-man roster, though, after he played well on special teams and as a blocker on offense in 2023.
We are tracking all of the team’s free agency moves on Broncos Wire.
Follow the Broncos Wire Podcast:
Apple Podcasts | Spotify | Google Podcasts
