The Denver Broncos are facing significant dead money against their salary cap, with over $63 million attributed to three players who are no longer with the team: Russell Wilson, Randy Gregory, and Justin Simmons. The team's total dead money for 2024 has surpassed $67 million, with Wilson alone accounting for $53 million of the charges.
Website OvertheCap currently shows the #Broncos with $103.767 million of cap room in 2025 though it will go down to high 90s when Wil Lutz and Adam Trautman deals filed. Only guaranteed money for 2025 on books $17.5 million for Mike McGlinchey, $4.255 million for Brandon Jones. https://t.co/qv8BAzQxQj
After taking $53 million cap hit this year on Russell Wilson #Broncos now in a situation of having about $100 million cap room in 2025 They likely won't have that much next March but should still have gobs of room Only 27 players now under contract for '25 https://t.co/xhPPg1KB46
From yesterday. Breaking down why the #broncos had a lot of cap space, but how part of that was expected to be used to eat a larger portion of Russell Wilson's 85 million cap hit. https://t.co/8VoEE00nM8
The Denver Broncos are ready to take the hit — make that a $53 million punch in the gut. https://t.co/h4XvJhuK09 https://t.co/z0rmLvFN24
Broncos decide to take historic $53M hit on Russell Wilson https://t.co/pYmD71xBqR https://t.co/eRQcqVAMAp
Broncos will count $53 million of Russell Wilson’s dead cap charges in 2024 after officially processing release, sources say https://t.co/zbANTFqU0S
Broncos now taking on just over $63 million in dead money against their salary cap for three players alone who are no longer with team — Wilson, Randy Gregory and Justin Simmons —- and up over $67 million in total dead money for ‘24.
As expected Broncos taking the bigger dead money hit this season … https://t.co/mn2l7dnCPb