The Denver Broncos are staring at salary cap troubles in 2024, but how much did Friday's announcement of the $30.6-million increase help?
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00:00 Well, couple things first, there's a bunch of misconceptions about it. This isn't saying
00:05 the Broncos have $30 million in cap space. It's just, it was about the, what the salary
00:11 cap is set at is about $13 million more than the projection. And the Broncos were projected
00:16 to have about $25 million over the salary cap. So instead of that, they're only sitting
00:21 about 12 or 13 million over the salary gap. They are still in the red. They still have
00:25 to get out from underneath that before they can sign anybody and get that going. And so
00:32 it's, it's still a lot of work, but they are in a slightly better position than they were,
00:36 you know, yesterday when we still thought they were going to be about 24 million over
00:39 the gap, 25 million. Also on top of this is there are still performance escalators that
00:45 are going to come. People are going to get a lot of raises. Patrick's a tan. He's going
00:49 to be one of those guys getting a raise. And on that note, we also figured out exactly
00:52 what his fifth year option salary cap number is going to be. And we haven't told me a second
00:57 to see that picked up. It'll be picked up. Um, whether with the Broncos or another team,
01:02 if he happens to, you know, to be using a trade to move up for one of these quarterbacks.
01:06 So the Broncos are still in a not so great position, but it's not as dire as it was.
01:13 Right. And either way, they're moving on from Russell Wilson this year. I saw somebody post
01:19 that Tom Pellissero made a comment about them keeping them. I was searching for that comment.
01:24 I haven't seen anything, um, from Tom Pellissero saying that they were the Broncos would keep
01:28 them. Last thing I saw was like the day before the super bowl, he tweeted out that, well,
01:33 they may not necessarily move on. And then Russell Wilson and his wife started showing
01:38 off their house. They're listing their house. They're getting ready to move because he's
01:43 He's on his way out.
01:44 He will not be with the Broncos this year.