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Saturday, July 5, 2014
Broncos will need to tweak fit on cap

By Jeff Legwold

ENGLEWOOD, Colo. -- As the Denver Broncos launched themselves into free agency earlier this year, many in the league were quick to compliment the team's salary-cap standing that enabled them to be so aggressive. And John Elway, the team's top football decision-maker, has routinely said he doesn't want to do so many things "that we're right up against the cap. We want to stay competitive, compete for world championships and that means handling ourselves in that arena, too."

But as the Broncos continue to try to get a long-term deal done for wide receiver Demaryius Thomas, they are nudging up against their cap restrictions.

Demaryius Thomas
Denver will have to adjust its salary-cap number in order to give Demaryius Thomas a contract extension.
Currently, at least until the rosters league wide are cut to 53 players following the fourth preseason game, teams only have to be under with their top 51 salary-cap figures. That puts the Broncos under the cap right now, but with their top 51 coming in at just over $132 million (the cap baseline is $133 million per team) they will have to do at least some work before the end of the preseason -- even with some accounting benefits like rolling over some unused cap space from 2013 -- to sign Thomas, get 53 players under the cap and have enough room to effectively deal with any potential players on injured reserve.

And for a team that had just $24 million worth of salary-cap charges for players on injured reserve by the time they loaded the plane for their Super Bowl trip -- most of that was left tackle Ryan Clady, who signed a new long-term deal with the team last offseason -- that is not something to take lightly.

Overall, the Broncos have about $4.6 million of workable cap space after counting their top 51 contracts, including rollover from last year, as they turn toward training camp. So it’s a good time to take a look at some money matters and where things stand at some of the notable spots on the depth chart.