Broncos To Sign RB Mike Boone
The Broncos will add a complementary piece to their backfield equation. They agreed to terms with former Viking Mike Boone on Wednesday night, Mike Klis of 9News tweets.
Acquired by the Vikings during current Broncos GM George Paton‘s lengthy Minnesota tenure, Boone will follow Paton to Denver. The Vikings wanted to retain him, just not on an RFA salary, but he will leave for the AFC instead.
Boone, 25, agreed to a deal worth $2.6MM, with Tom Pelissero of NFL.com adding $1.6MM of that is guaranteed (Twitter link). It is a two-year contract worth up to $4.5MM, Chris Tomasson of the St. Paul Pioneer Press tweets.
Boone will leave a crowded backfield and join another. Formerly a special-teamer and third-stringer behind Dalvin Cook and Alexander Mattison, Boone will join a Broncos team that has Melvin Gordon and Phillip Lindsay on its roster. However, the Broncos gave the latter the low-end RFA tender. That clouds Lindsay’s Denver status, with the Broncos not entitled to compensation were they to fail to match an offer sheet.
This move also could spell trouble for Royce Freeman‘s roster spot. Lindsay’s former backup worked as Denver’s third-string back last season. Lindsay and Freeman are due for unrestricted free agency after this season, but it would appear the backfield will lose one of them before the campaign starts.
The Vikings did not offer Boone an RFA tender, which would have meant a salary north of $2MM for this coming season, so the Broncos will have him going into his fourth year. While Boone has mostly played special teams as a pro, fantasy GMs will recognize him from 2019, when he took over late in the season. He finished the ’19 slate with 273 rushing yards on a 5.6 YPC average, potentially providing the Broncos with a capable off-the-bench option.
Broncos Tender LB Alexander Johnson At Round 2 Level
The Broncos’ Phillip Lindsay RFA tender opens the door to his Denver exit. The franchise gave a higher-priority tender to one of its three-down linebackers.
Denver will tender Alexander Johnson at the second-round level, according to Ryan O’Halloran of the Denver Post (on Twitter). Johnson and wide receiver Tim Patrick received second-round tenders, which come out to $3.4MM this year.
An unusual RFA, Johnson will turn 30 this year. A legal issue delayed his NFL career, but the former Tennessee Volunteer has thrived after receiving his opportunity in Denver. The Broncos turned to Johnson as their starting middle linebacker early in the 2019 season, and he has become one of the league’s better off-ball ‘backers. Joining Josey Jewell as Denver starting linebackers going into contract years, Johnson led the 2020 team in tackles with 124.
Given his age, Johnson may not be a candidate for a long-term deal. But he could be in the mix for either a medium-length Broncos extension before the mid-June RFA deadline or draw interest for a similarly structured pact in unrestricted free agency next year.
Both Johnson and Patrick were expected to draw interest from other teams, had the Broncos tendered them at the right-of-first-refusal level. The Broncos did place the low-end tender on Linsday, whose profile exceeds both Johnson and Patrick’s. It will be interesting to see if the Pro Bowl running back draws an offer sheet. Any offer sheet that comes for Patrick or Johnson would require the signing team to send a second-round pick to the Broncos, should they fail to match. This scenario seems unlikely, pointing both players back to Denver for the 2021 season.
NFL Contract Details: Bolts, Griffin, Broncos
With the tampering period in full swing, here are some of the latest contract details to emerge:
- Chargers C Corey Linsley: Five years, $62.5MM. $26MM guaranteed, $13MM signing bonus. Linsley is due $26MM through 2022, Albert Breer of SI.com tweets. Linsley’s 2021 base salary ($4MM) is fully guaranteed. His 2022 base salary ($9MM) is guaranteed for injury at signing; it becomes fully guaranteed if he is on the Bolts’ roster on Day 2 of the 2022 league year, Aaron Wilson of the Houston Chronicle tweets.
- Jaguars CB Shaquill Griffin: Three years, $40MM. $23.5MM fully guaranteed, Albert Breer of SI.com tweets. $12MM signing bonus, base salaries of $1MM, $11.5MM and $11.5MM. Griffin is due a $1MM roster bonus in 2023, Field Yates of ESPN.com tweets.
- Lions DE Romeo Okwara: Three years, $39MM. $14MM signing bonus, $20MM fully guaranteed. Another $5MM will be guaranteed by next March, per NFL.com’s Tom Pelissero (on Twitter).
- Broncos DL Shelby Harris: Three years, $27MM. $9MM signing bonus. Harris’ $1MM 2021 base salary and $5.5MM of his $7.5MM 2022 base are guaranteed, Wilson tweets.
- Patriots DB Jalen Mills: Four years, $24MM. $2.5MM signing bonus, $3MM base salary in 2021, $4.5MM in ’22. Williams will have $3.5MM of his 2022 base salary fully guaranteed, Breer tweets.
- Panthers OL Cameron Erving: Two years, $10MM. This contract includes base salaries of $990K and $2.01MM, with Wilson tweeting a March 2022 roster bonus of $2.5MM is guaranteed.
- 49ers CB Jason Verrett: One year, $5.5MM. $2MM signing bonus, $2.5MM base salary, $1MM in per-game roster bonuses. Another $1MM is available via incentives, Yates tweets.
Broncos Pick Up Von Miller’s Option
The Broncos will exercise Von Miller‘s option for the 2021 season, as Mike Klis of 9News tweets. By picking up the edge rusher’s option, the Broncos will lock in $7MM of Miller’s $18MM total payout for 2021.
Broncos GM George Paton indicated that he wanted to keep Miller, though the team was hoping to negotiate a new deal at a lesser rate. Instead, Miller held his ground, so he’ll play out the final year of his six-year, $114.5MM contract.
Miller missed all of 2020 while replacement Malik Reed enjoyed a breakout year with eight sacks and 17 quarterback hits. Along with Pro Bowler Bradley Chubb (7.5 sacks, 19 QB hits), the Broncos got a preview of what their pass rush could look like without Miller. Still, Vic Fangio & Co. felt that the defense would be even better with Miller and Chubb playing alongside each other. To date, they’ve lined up together just four times. It’s also worth noting that Denver placed 13th in DVOA in the 2019 and ’20 seasons — good, but not great. With Miller healthy and back on board, the Broncos have the potential to rank much higher.
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.
