The Broncos and cornerback Bryce Callahan have agreed to a paycut/restructure, per Tom Pelissero of the NFL Network (via Twitter). Callahan is now scheduled to earn $5MM in 2020 and can earn another $2MM in playing time incentives. The move will free up $1.8MM in cap space for 2020.
Denver signed Callahan last March with the hope that his strong play as a slot CB with the Bears would carry over to Mile High. But Callahan suffered a broken foot towards the end of his tenure in Chicago, and he re-aggravated the injury during his first training camp with the Broncos. He ultimately underwent stem cell treatment on the foot and missed the entire 2019 campaign.
Still, the Broncos will likely be relying on Callahan to start in 2020. The club traded for A.J. Bouye earlier this month but saw Chris Harris depart in free agency, so Callahan will be a key part of a remade secondary. Denver is also reportedly interested in adding another CB via free agency or the draft.