The Broncos and long snapper Aaron Brewer agreed to a new four-year deal on Thursday, avoiding what would have been an unwieldly $1.52M restricted tender. According to Mike Klis, Brewer will receive a $740K signing bonus, and the deal is worth $4M over the four years.
Peyton Manning passed his team physical and signed his restructured contract, and will officially be the Broncos' quarterback for a fourth season in 2015. Manning, who turns 39 later this month, accepted a $4M salary cut for this season, with the opportunity to earn it back with victories in the AFC title game and Super Bowl 50.
His contract runs through 2016; his $19M salary for that season reportedly remains unchanged. Everything appears pointed toward 2015 being his last hurrah, but obviously, that will be determined by which Manning shows up.
Now that he's had the pleasure of coaching the younger, cheaper, and less dramatic Brandon Marshall in Denver, John Fox isn't too interested in the other one. According to the Tribune's Brad Biggs, Foxy's Bears are looking to dump wide receiver Brandon Marshall and his $7.5M salary.
Per Biggs, Chicago would reportedly expect a mid-round pick in exchange for the mercurial soon-to-be 31-year old, whose salary become fully guaranteed next Thursday, March 12.
Good Morning, Broncos fans! It's already been a busy morning in the world of prominent veteran defensive linemen.
While not a surprising development, the biggest news is that the Patriots informed Vince Wilfork they won't be picking up his option after 11 seasons with the team. He'll become a free agent on Tuesday, when the new league year begins.
Meanwhile, longtime former Cards lineman Darnell Dockett has already found a new home within the NFCW, signing a two-year deal with San Francisco.
In a significant coup for the Broncos and John Elway, Peyton Manning is reportedly set to accept a $4M pay cut, down to a $15M salary for 2015. Manning's original deal also calls for him to make $19M in 2016; according to Mike Klis, that portion of his deal will remain unchanged.
Of course, this flies in the face of every claim that Manning is a selfish, greedy bastard, and less of a team player than Tom Brady, who has never in his career accepted a pay cut. Per Klis, the Broncos had sought an even larger reduction.
Once the new league year begins at 4pm ET next Tuesday, teams will be able to execute free agent contracts and consummate trades (like the LeSean McCoy-Kiko Alonso deal announced yesterday).
It's also the deadline for teams to tender their restricted and exclusive rights free agents. According to OTC, Denver has three free agents of the restricted kind (Aaron Brewer, Tony Carter, Steven Johnson), and four of the exclusive rights variety (Brandon Marshall, Paul Cornick, Ben Garland, John Youboty).
Let's get refreshed on how restricted free agency works:
According to multiple reports, the Texans have released veteran center Chris Myers after seven seasons with the team. Myers will turn 34 in September and was set to draw a $6M salary in the final year of his contract; he graded out at plus-2.3 over 1,124 snaps in 2014.
Denver drafted Myers in the sixth round of the 2005 Draft, and he started all 16 games for them at left guard in 2007. In one of their odder moves, the Broncos then signed the restricted free agent to a multiyear contract and traded him to Houston for a sixth-rounder that would become Spencer Larsen.
Omar Bolden and Kayvon Webster are not seen as candidates to replace Rahim Moore if and when he departs via free agency, reports Mike Klis in his latest mailbag. One of Denver's leading rumormongers had suggested last month that the Broncos would have Webster compete at free safety, but Klis unequivocally states otherwise:
Webster is a cornerback.
The Jets "are expected to make an aggressive play" for soon-to-be former Broncos guard Orlando Franklin in free agency, according to Troy Renck.