4 moves to save millions on the Broncos 2023 salary cap

ARLINGTON, TEXAS - NOVEMBER 07: Graham Glasgow #61 of the Denver Broncos gets set against the Dallas Cowboys during an NFL game at AT&T Stadium on November 07, 2021 in Arlington, Texas. (Photo by Cooper Neill/Getty Images)
ARLINGTON, TEXAS - NOVEMBER 07: Graham Glasgow #61 of the Denver Broncos gets set against the Dallas Cowboys during an NFL game at AT&T Stadium on November 07, 2021 in Arlington, Texas. (Photo by Cooper Neill/Getty Images) /
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DENVER, COLORADO – OCTOBER 06: Garett Bolles #72 of the Denver Broncos looks on during a game against the Indianapolis Colts at Empower Field At Mile High on October 06, 2022 in Denver, Colorado. (Photo by Justin Tafoya/Getty Images)
DENVER, COLORADO – OCTOBER 06: Garett Bolles #72 of the Denver Broncos looks on during a game against the Indianapolis Colts at Empower Field At Mile High on October 06, 2022 in Denver, Colorado. (Photo by Justin Tafoya/Getty Images) /

Four moves to save millions on the Broncos 2023 cap

RESTRUCTURE Garett Bolles, save $6,335,000 on 2023 cap number

The last move that saves a good bit of cap space is restructuring the contract of Garett Bolles, who missed most of the 2022 season due to a broken leg he suffered at the beginning of the season.  After a stellar 2020 season, Bolles regressed a bit in 2021 but was still quite good.

It seems like Bolles has settled in as a slightly above-average tackle in the NFL, and that’s perfectly fine for the Denver Broncos.  Offensive line play is hard to find in the NFL, so the team should keep all the quality talent they have.

Coming off this injury, I would feel a bit concerned if Denver did not do something with his contract.  Bolles has been able to stay on the field for most of his career, but I do think the team has a clear avenue to save money on their 2023 cap number with this move.

If the team wanted to trade Bolles, which I don’t think they will, they’d save nearly $14 million on their 2023 cap number, which is huge savings.  I do think Bolles has shown too much for him to not be on the team in 2023, especially considering we’ll likely see new starters at left guard, center, and right tackle.

Total savings: $33,599,559

These four moves save the Broncos over $30 million, and if we add this figure to their projected 2023 cap space, the team would have $42,818,283.

All of these figures have been obtained from overthecap.com