The Denver Broncos are working with a tight cap space, but some potential cap-casualty cuts from other teams could be just what they need to bolster their roster.
Despite making a splash by trading for receiver Jaylen Waddle, the Broncos have managed to keep $19 million in cap space. Waddle's restructured contract is a savvy move, counting only $4.9 million against the cap.
If things don't pan out, the Broncos have an exit strategy that could free up $8.8 million in cap space by cutting him after June 1 next year. Additionally, they'll gain another $8.2 million once linebacker Dre Greenlaw's release is finalized this June.
Let's dive into some intriguing prospects who might fit Denver's needs:
TE Cole Kmet, Chicago Bears
Landing Kmet would be a strategic win. With rookie Colston Loveland emerging in Chicago, Kmet's role diminished.
The Bears are feeling the cap crunch, making Kmet a potential target. To make this work, Denver would likely need to trade tight end Evan Engram before June, but Kmet could bring the receiving prowess Engram hasn't delivered.
DL Arik Armstead, Jacksonville Jaguars
While not a perfect match, Armstead could step in for John Franklin-Myers. Both players offer versatility across the defensive line. Cutting Armstead would save the Jaguars over $14 million, and with Denver looking to reallocate resources, particularly at inside linebacker, Armstead could be a valuable addition.
LB Christian Ellis, New England Patriots
Ellis is another name to watch. The Broncos could benefit from depth at linebacker, and Ellis might provide the spark needed to fortify their defense.
TE Colby Parkinson, Los Angeles Rams
The Rams' innovative offense with heavy three tight-end sets might force them to part ways with Parkinson to save $7 million. While he would overlap with some of Denver's current backups, his addition could add a new dimension to their offensive schemes.
RB Breece Hall, New York Jets
This is the rumor that keeps circulating. While it seems far-fetched, the Broncos might be eyeing a bigger back to complement their current roster. With the Jets, anything is possible, and Hall could be the surprise addition Denver is looking for.
The Broncos are navigating a tricky cap situation, but with strategic moves, they could emerge stronger and more balanced for the upcoming season.