Denver Broncos News & Rumors

Broncos Don’t Exercise S Kareem Jackson’s Option

Kareem Jackson is hitting free agency. Mike Klis of 9News in Denver reports (via Twitter) that the Broncos will not exercise the option on the veteran safety.

Klis notes that the front office tried to restructure Jackson’s contract before declining the option. Ryan O’Halloran of the Denver Post tweets that the move will free up $7.1MM in cap space for the Broncos.

Jackson, 32, joined the Broncos on a three-year, $33MM deal back in 2019. The veteran quickly became a favorite among teammates and the coaching staff for his veteran savvy and hard hits. Jackson ultimately started each of his 29 games for the Broncos, compiling 160 tackles, 14 passes defended, and three interceptions.

While the Broncos will surely be seeking a replacement for Jackson, the team has already added to their secondary. The team agreed to terms with cornerback Ronald Darby earlier today.

Broncos Tender RB Phillip Lindsay

Phillip Lindsay is sticking around Denver. The Broncos are tendering the running back, according to ESPN’s Adam Schefter (via Twitter). Lindsay will be slapped with the “low RFA tender,” per Schefter.

The 26-year-old exploded on the scene with 1,037 yards and nine touchdowns in 2018, earning him a Pro Bowl nod. He followed that up with another solid campaign in 2019, compiling 1,207 yards from scrimmage and seven scores.

However, the 26-year-old took a predictable step back this past season following the addition of Melvin Gordon. Lindsay ultimately got into 11 games (eight starts), compiling 502 rushing yards and one touchdown. He also added another seven receptions for 28 yards.

With Lindsay and Gordon still under contract, the team will have a crowded depth chart once again in 2021. The team is also rostering former starter Royce Freeman, Levante Bellamy, Jeremy Cox, and Damarea Crockett.

Broncos, Ronald Darby Agree To Terms

Ronald Darby will finally land a long-term deal. After back-to-back one-year agreements, Darby will join the Broncos on a multiyear deal.

The former Bills, Eagles and Washington cornerback found success on this year’s market; he will join the Broncos on a three-year, $30MM contract, Ian Rapoport of NFL.com tweets. Darby will receive $19.5MM fully guaranteed from Denver.

An ACL tear in his 2018 contract year submarined the former second-round pick’s value, but his latest free agency chapter will produce a seminal accord. The Broncos have been in need at corner for multiple years now, with injuries and departures gutting the team’s once-elite corps.

Denver now has Darby and Bryce Callahan as its top corners. While the Broncos should be expected to further target the position — perhaps as early as the first round of the draft — Darby represents a notable expense for the team. He is now Denver’s highest-paid corner.

After Darby spent 2019 regaining his footing, having re-signed with Philadelphia, he moved closer to re-establishing his value in Washington in 2020. The former Buffalo draftee rated as a top-30 corner, per Pro Football Focus. He played in all 16 Washington games, teaming with Kendall Fuller as part of a quality pass defense. The Broncos appear convinced Darby has surmounted his previous injury issues and will move forward with him as a key piece in their secondary.

Broncos To Re-Sign DT Shelby Harris

For the second straight offseason, the Broncos reached an agreement to keep Shelby Harris in Denver. New GM George Paton will bring back one of John Elway‘s finds, per Ian Rapoport of NFL.com (on Twitter).

A four-year contributor in Denver, Harris reached an agreement to re-sign much earlier than he did last year. The Broncos managed to land him on a one-year deal several days into free agency. Hours into this year’s legal tampering period, they moved to keep the interior defender off the market.

Harris’ new Denver deal will be worth $27MM over three years, Rapoport tweets. A nice payday for a former seventh-round pick who spent a year out of football before trekking to Colorado in 2017. Harris will receive $15MM guaranteed, Mike Garafolo of NFL.com tweets. Set to turn 30 this year, Harris has expressed interest in staying in Denver for a while. He will return for a third season in Vic Fangio‘s defense.

A part-time starter under Vance Joseph, Harris has blossomed under Fangio. The 3-4 defensive end starter has become one of the NFL’s best pass deflectors, having swatted 16 passes over the past two seasons. He registered six sacks in 2019 but was limited in 2020, having contracted COVID-19. Harris did return down the stretch for the Broncos, who have now kept their top two free agents off the market. Denver was the first team to use its franchise tag this year, cuffing Justin Simmons for a second straight offseason.

AFC West Notes: V. Miller, Henry, T. Brown

Here’s a quick roundup of some AFC West rumblings:

  • There is still no clarity on whether the Broncos will bring back LB Von Miller in 2021. As Mike Klis of 9News.com writes, new Denver GM George Paton met with Miller for the first time last week, and Klis believes a paycut is no longer on the table. Miller is due an $18MM salary in 2021, and by March 16, Paton must decide whether to pick up an option that would guarantee $7MM of that $18MM payout. While the Broncos would prefer to have Miller take a cut, given that he missed the entire 2020 season, J.J. Watt‘s new $14MM/year deal with the Cardinals suggests that Miller would be disinclined to do so. Which means that Paton has the difficult task of deciding between a major financial hit for an aging star coming off a serious injury and releasing one of the greatest defensive players in franchise history. The good news is that Miller appears to be back to full speed, at least according to a workout video he recently posted to Instagram.
  • The Chargers decided against putting the franchise tag on TE Hunter Henry, but Henry is still open to returning to the Bolts. “I will say I’m not ruling out the Chargers,” Henry recently told TMZ Sports. “I’m not ruling out the Chargers and I won’t rule out the Chargers.” Though Henry comes with some health concerns, he is also just 26 and still has the chance to be one of the league’s top receiving TEs. He also has the chance to serve as one of Justin Herbert‘s top targets for the foreseeable future — a proposition that he admits could lead him back to LA — but he will have no shortage of suitors when the legal tampering period opens tomorrow.
  • Before he was traded to the Patriots, former Raiders tackle Trent Brown was considered a release candidate. But as Jeff Howe of The Athletic tweets, Vegas had no intention of cutting Brown (at least not yet). The club planned to bring him to training camp to earn his keep, but New England’s offer, along with Brown’s willingness to rework his contract, triggered the deal. Still, Brown’s hold on his roster spot in Vegas couldn’t have been very strong, as the Raiders dealt him and a 2022 seventh-rounder for a 2022 fifth-rounder.

NFL’s Fifth-Year Option Salaries For 2021

The NFL’s 2021 salary cap has been set at $182.5MM, marking the league’s first reduction in a decade. With that, the league has also ironed out the value of this year’s fifth-round option for 2018 first-round picks.

Here’s the full rundown, via NFL.com’s Tom Pelissero (on Twitter):

1. Baker Mayfield, Browns, QB — $18.858MM (playing time)

2. Saquon Barkley, Giants, RB — $7.217MM (1x Pro Bowl)

3. Sam Darnold, Jets, QB — $18.858MM (playing time)

4. Denzel Ward, Browns, CB — $13.294MM (1x Pro Bowl)

5. Bradley Chubb, Broncos, LB — $12.716MM (1x Pro Bowl)

6. Quenton Nelson, Colts, G — $13.754MM (2x Pro Bowl)

7. Josh Allen, Bills, QB — $23.106MM (1x Pro Bowl)

8. Roquan Smith, Bears, LB — $9.735MM (playing time)

9. Mike McGlinchey, 49ers, OT — $10.88MM (playing time)

10. Josh Rosen, Cardinals, QB*

11. Minkah Fitzpatrick, Steelers, S (drafted by Dolphins) — $10.612MM (2x Pro Bowl)

12. Vita Vea, Buccaneers, DT — $7.638MM

13. Daron Payne, Washington, DT — $8.529MM (playing time)

14. Marcus Davenport, Saints, DE — $9.553MM

15. Kolton Miller, Raiders, OT — $10.88MM (playing time)

16. Tremaine Edmunds, Bills, LB — $12.716MM (1x Pro Bowl)

17. Derwin James, Chargers, S — $9.052MM (1x Pro Bowl)

18. Jaire Alexander, Packers, CB — $13.294MM (1x Pro Bowl)

19. Leighton Vander Esch, Cowboys, LB — $9.145MM

20. Frank Ragnow, Lions, C — $12.657MM (1x Pro Bowl)

21. Billy Price, Bengals, C — $10.413MM

22. Rashaan Evans, Titans, LB — $9.735MM (playing time)

23. Isaiah Wynn, Patriots, OT — $10.413MM

24. D.J. Moore, Panthers, WR — $11.116MM (playing time)

25. Hayden Hurst, Falcons, TE (Drafted by Ravens) — $5.428MM

26. Calvin Ridley, Falcons, WR — $11.116MM (playing time)

27. Rashaad Penny, Seahawks, RB — $4.523MM

28., Steelers, S Terrell Edmunds — $6.753MM (playing time)

29. Taven Bryan, Jaguars, DT — $7.638MM

30. Mike Hughes, Vikings, CB — $12.643MM

31. Sony Michel, Patriots, RB — $4.523MM

32. Lamar Jackson, Ravens, QB — $23.106MM (1x Pro Bowl)

* Rosen was released from his original contract and, therefore, is not option-eligible 

As a refresher, the fifth-year option year is now fully guaranteed. In the past, it was guaranteed for injury only. The values are also dependent on certain performance metrics:

  • Two-time Pro Bowlers (excluding alternate Pro Bowlers) will earn the same as their position’s franchise tag.
  • One-time Pro Bowlers will earn the equivalent of the transition tag.
  • Players who achieve any of the following will get the average of the 3rd-20th highest salaries at their position:
    • 75%+ snaps in two of their first three seasons
    • 75%+ average across all three seasons
    • 50%+ in each of first three seasons
  • Players who do not hit any of those benchmarks will get the average of the 3rd-25th top salaries at their position.

Charges Dismissed For Broncos’ Melvin Gordon

Melvin Gordon‘s DUI charges have been dismissed (Twitter link via Mike Klis of 9News). Gordon entered a guilty plea for reckless driving/ excessive speeding, which will put eight points on his license. However, he will not face the more serious charges stemming from his October arrest. 

[RELATED: Von Miller Will Not Face Charges]

A guilty verdict could have put his Broncos future in jeopardy, canceling his $4.5MM guarantee for 2021. His guilty plea won’t impact his guaranteed cash, though it may trigger a fine or suspension from the league office. But, ultimately, it won’t allow the Broncos to escape their commitment to Gordon.

Gordon ran for 966 yards in his first Broncos season, good for tenth in the league. He also inched back towards his ~2018 efficiency and scoring rate, averaging 4.6 yard per tote and notching nine touchdowns. Even if the Broncos had the opportunity to release Gordon without cap consequences, it’s not a given that they would have done so. But, a change to his contract could have given them leverage to renegotiate.

 

NFL Sets $182.5MM Salary Cap

The NFL salary cap has been set at $182.5MM, according to Tom Pelissero of NFL.com (on Twitter). This marks a sizable (though expected) drop from last year’s $198.2MM limit.

Teams will not be allowed to borrow cap room from future years, per the CBA, so teams are basically stuck with the hard cap and difficult choices ahead. However, teams do have other ways to navigate the cap, including rollover from 2020, post-June 1 cuts, and contract restructuring.

With the new salary cap, the league has also determined the values of this year’s franchise tag tenders (Twitter link):

  • Quarterback $25.104MM
  • Running Back $8.655MM
  • Tight End $9.601MM
  • Offensive Lineman $13.754MM
  • Defensive End $16.069MM
  • Defensive Tackle $13.888M
  • Linebacker $14.791M
  • Cornerback $15.06MM
  • Kicker/Punter $4.482MM

Here’s the full rundown of this year’s franchise tags, including players on repeat tags who receive a 20% increase:

RFA/ERFA Tender Decisions: 3/9/21

A handful of teams handed out free agent tenders today, and we’ve collected each of them below:

  • The Cowboys are holding on to defensive lineman Ron’Dell Carter, per Michael Gehlken of the Dallas Morning News (via Twitter). The 2020 undrafted free agent out of James Madison initially got $145K in guaranteed money from Dallas last summer (per Charean Williams of ProFootballTalk.com), but the team briefly let him get away from their practice squad when he was signed by the Colts early in the season. He was ultimately cut by Indy and landed back in Dallas via waivers. He appeared in three games as a rookie, collecting one tackle.
  • The Broncos informed three exclusive rights free agents that they’ll be tendered, according to Mike Klis of 9News in Denver (via Twitter), a grouping that includes wideout/returner Diontae Spencer, offensive lineman Calvin Anderson, and safety Trey Marshall. Spencer, 28, has spent the past two seasons in Denver, compiling 82 yards from scrimmage on 15 touches. He’s also played a role on special teams, returning 42 punt for 461 yards and one touchdown and 30 kicks for 717 yards. After spending much of the 2019 season on Denver’s practice squad, Anderson managed to appear in all 16 games (including two starts) for the Broncos in 2020. Marshall has appeared in 30 games over the past three seasons with the Broncos, including a 2019 campaign where he finished with 25 tackles and one forced fumble.
  • The Buccaneers tendered three exclusive rights free agents today: tight end Tanner Hudson, defensive lineman Jeremiah Ledbetter, and defensive lineman Pat O’Connor. Hudson has spent the past three years with Tampa Bay, and he hauled in three receptions in 11 games this past season. O’Connor appeared in 16 games for the Buccaneers this year, collecting four tackles and one sack. Ledbetter has been around the NFL since 2017, and he compiled one sack in three games with Tampa in 2020.

As a reminder, the deadline to place tenders on restricted free agent and exclusive rights free agent is March 17.

Ryan Fitzpatrick Leaning Toward Retirement?

As recently as the beginning of February, Ryan Fitzpatrick sounded like he had every intention of playing in 2021, but that might no longer be the case.

“For me, personally, I have to take every offseason and reassess. These last two years have really re-lit that fire under me. I still want to play, and I enjoy being out there playing,” Fitz said at the time. Now however, it “looks like he’s going to retire,” veteran NFL reporter John Clayton writes for 104.3 The Fan Denver. Clayton writes that the Broncos had “some contact” with Fitzpatrick, but “it looks like he’s going to be out of the mix.”

Perhaps Fitzpatrick has decided that if he can’t find a starting gig, he’ll hang up his cleats. In Denver he’d be veteran competition for Drew Lock, and it’s possible Fitz has no interest in another situation like last year, when he was used to push Tua Tagovailoa with the Dolphins. This news is also more confirmation that the Broncos are in fact serious about Lock not being handed the starting job.

If it really is the end of the line for FitzMagic, it’d wrap up an incredible NFL journey. The 250th pick of the 2005 draft has defied all odds, sticking in the league for 16 seasons while playing for eight different teams.

The 38-year-old has started 146 games in the league, an achievement nobody ever could’ve seen coming for the Harvard product. We should know more about his future soon with the start of free agency right around the corner.