Somewhat overshadowed by the team’s splashy free agency signings this week was the fact that the Denver Broncos also retained one of their key in-house free agents.
Denver agreed to terms on a three-year, $18 million contract with inside linebacker Alex Singleton on Monday. Singleton was rewarded in a big way after leading the team with 163 tackles last season.
The details of that contract are now known, thanks to multiple reports.
Singleton’s deal includes a $4 million signing bonus (prorated over three years for salary cap purposes) and $9 million guaranteed. This season, Singleton will have a $2 million base salary and a $3.33 million cap hit.
Next year, Singleton’s base salary will increase to $5.49 million and he will have a $510,000 roster bonus, bringing his 2024 cap hit to $7.33 million.
After that, the Broncos will have the choice to pick up or opt out of the final year of Singleton’s contract. If the team opts out, Denver will take a $1.33 million “dead money” cap hit and not owe the remaining $6 million in 2025.
If the Broncos pick up the final year of Singleton’s contract, he will have a base salary of $5.49 million, a $510,000 roster bonus and a $7.33 million cap hit in 2026.
It’s not a bad deal for a productive linebacker. If Singleton finishes the deal in Denver, he’ll become a 33-year-old free agent again in 2026.
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