Broncos Unlikely To Exercise Shane Ray’s Option

The Broncos are not planning to exercise edge rusher Shane Ray‘s 2019 fifth-year option, according to Mike Klis of 9News. James Palmer of NFL.com recently reported that it was “far from a certainty” that Denver would pick up Ray’s option.

Ray hasn’t delivered on his first-round draft billing since entering the league in 2015, and the Broncos also re-invested in their pass rush by selecting edge defender Bradley Chubb with the fifth overall pick in the weekend’s draft. With Chubb now in tow, Denver is now four-deep at outside linebacker, with superstar Von Miller and restricted free agent Shaquil Barrett joining Ray and Chubb on the club’s defense.

Ray, who will turn 25 years old this month, posted 12 sacks during his first two years with the Broncos, but missed eight games with a hand injury in 2017. He managed only a single sack and graded as a bottom-10 edge rusher, per Pro Football Focus. Ray would earn more than $9MM in 2019 if his option were exercised, and while that figure is guaranteed for injury only, Ray’s recent health issues could give Denver pause.

While purely speculative, it’s fair to wonder if the Broncos will consider a trade of Ray (or Barrett) in the coming months. While Ray wasn’t effective last season, a 24-year-old former first-round pass rusher would certainly fetch a fair price on the trade market. Ray is also eminently affordable for the 2018 campaign, as an acquiring team would take on just $1.678MM in base salary.

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