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.