5 contracts Broncos must eliminate or restructure this offseason

Jan 1, 2023; Kansas City, Missouri, USA; Denver Broncos running back Chase Edmonds (19) runs the ball against Kansas City Chiefs safety Justin Reid (20) during the first half at GEHA Field at Arrowhead Stadium. Mandatory Credit: Jay Biggerstaff-USA TODAY Sports
Jan 1, 2023; Kansas City, Missouri, USA; Denver Broncos running back Chase Edmonds (19) runs the ball against Kansas City Chiefs safety Justin Reid (20) during the first half at GEHA Field at Arrowhead Stadium. Mandatory Credit: Jay Biggerstaff-USA TODAY Sports /
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Denver Broncos
NASHVILLE, TENNESSEE – NOVEMBER 13: Linebacker Jacob Martin #54 of the Denver Broncos runs off the field after warming up before facing the Tennessee Titans at Nissan Stadium on November 13, 2022, in Nashville, Tennessee. (Photo by Silas Walker/Getty Images) /

Contracts the Broncos must eliminate or restructure: Jacob Martin, Linebacker

This won’t be an easy decision because the Broncos made a trade before the deadline last season to acquire Jacob Martin, only to see him land on injured reserve before the season ended.

He is set to count $4.8 million against the cap in 2023 but the Broncos could recoup $3.8 million of that by cutting him.

With Randy Gregory, Baron Browning and Nik Bonitto on the roster, Martin will be a rotational reserve pass-rusher in Denver unless things change with any of those players and his contract is a bit high. For comparison, Browning is set to make $1.3 million next season.

A savings of $3.8 million may not seem like much but everything adds up. It would be nice to keep Martin around, especially with him being a guy born and raised in Denver, but it will need to come at a reduced price.

Decision: Approach Martin about a pay cut and release him if a deal can’t be agreed upon.