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.
If a since deleted entry on the official site is any indication, it appears the Broncos are about to hire Mitch Tanney as their first ever director of analytics:
I don't have a tweet or anything, so there's a little screengrab from my RSS reader just so you (I) know this isn't some figment of my imagination. Also, screengrabs are fun.
In what may be the NFL's biggest player-for-player deal since Denver got Champ Bailey from Washington in exchange for Clinton Portis, Philly will trade superstar running back LeSean McCoy to Buffalo next week in exchange for linebacker Kiko Alonso, according to Adam Schefter.
Trades may not become official until the new league year begins, at 4pm ET on Tuesday, March 10.
Denver has set out to develop, rather than draft, All-Pros. Louis Vasquez did most of his developing in San Diego, but excelled as the Broncos' All-Pro right guard.
It’s a delicate balance. You need to have stars and players in development. You need enough of them ready to play today. That includes both starters and rotational players.
When you talk about a developmental offensive lineman, Ali Marpet might be the best 2015 draft OG you’ve never heard of. Or, by now, maybe you have.
Good Evening, Broncos fans! Two more players were tendered at the franchise level on Monday ahead of the afternoon deadline - New England placekicker Stephen Gostkowski and Giants defensive end Jason Pierre-Paul.