Biggest winners & losers from 49ers’ record deal with Jimmy Garoppolo
By Peter Panacy
Loser: Denver Broncos
Like the Seahawks, the Denver Broncos don’t exactly enter this year with the best cap-space situation.
Per Over the Cap, Denver is just shy of $27 million under the salary cap. That’s not as bad as Seattle, but it’s not an ideal situation to be in. Especially considering the Broncos are a quarterback away from getting back into contention in the AFC West.
They can free up some money by trading/releasing expensive veterans like cornerback Aqib Talib. But if general manager John Elway was thinking his team could be a front runner for a free agent like Kirk Cousins, the situation only got more difficult.
Jimmy Garoppolo just drove the price tag on quality quarterbacks upwards. If Cousins was the target, having $27 million in cap space won’t be enough. Cutting Talib would free up $11 million, which makes things a bit better.
Yet it doesn’t exactly solve a lot of problems either. Especially if Denver gets caught in a bidding war for Cousins’ services.
If the Broncos lose out on a player like Cousins in free agency, Elway will be forced to turn to a second-tier option and/or the 2018 NFL Draft.
A craps shoot.