This just in: John Elway is no desperate schmuck

Well, we knew that already. But a lot of people apparently didn't.

We've seen Elway criticized for having signed Aqib Talib, for having given him $57M total (ZOMG) and $26M in guarantees (ZOMG!!), for not having gotten Dominique Rodgers-Cromartie for cheaper, and for not having gotten Darrelle Revis instead of either one.

The haughtiest garbage out there involved Bill Belichick somehow having outsmarted Elway.

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Decker lands with Jets

Eric Decker has agreed to a five-year deal with the Jets worth a reported $36.25M, including what's being called $15M in guarantees. Decker told the DP:

I'm very thankful for my four years in Denver. I think it's one of the greatest cities to play in. Unfortunately, I never got an offer from the Broncos. Denver will always be a part of me. I'm excited about New York being my new community and starting a new chapter in my life. On top of all that, my wife's expecting our baby any second.

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Pats sign Revis for one year, $12M

New England has added corner Darrelle Revis to the tune of a one-year deal worth $12M. Of course, this is a good 26% more than the AAV given Aqib Talib by Denver, and Revis wasn't cut loose until today.

This is a fitting move in every aspect; Revis gets to stay the league's highest paid corner and again be the center of attention next offseason, and the Pats don't have to commit beyond 2013.

Reminder: Initial contract details are always total BS

We used to say that NFL contracts are all about the guarantees.

But then, we learned that it's only full guarantees that matter, as we were just discussing with our pal Elvis Dumervil.

It's why we try not to react too strongly to initial contract reports, and recommend our readers do the same.

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Dallas adds Mincey; Beason chooses Giants over Broncos

The Cowboys have quickly replaced DeMarcus Ware with former Jaguars and Broncos DE Jeremy Mincey.

According to Alex Marvez, Mincey signed for two years and $4.5M, including $2M guaranteed.

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Freeman: Ware won’t leave Denver without a deal

According to Mike Freeman, DeMarcus Ware's visit to Dove Valley is something of a formality, writing that the Cowboys' all-time leading sack man "won't leave without" a contract.

Report: Broncos after Brandon LaFell

According to Ian Rapoport, the Broncos and Patriots are competing for the services of former Carolina receiver Brandon LaFell, who was a rookie during John Fox's last season with the Panthers.

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You Got Served: Day 1 of Free Agency

Happy Wednesday, friends. Today I have a serving for you about the beginning of the annual free agency shopping spree. Coming off a Super Bowl loss, the Broncos are reloading in a resounding manner, and it obviously deserves some analysis.

Beyond the big early names, I also have ideas on some second-wave bargain shopping that I think the Broncos can do.

I think that the market is about to get much more conservative when it comes to paying veterans, and quality guys are going to be available on the cheap, like Shaun Phillips was last year.

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Reports: Jets to host Decker; two other teams interested

According to the Daily News, Eric Decker is visiting with the Jets on Wednesday. Anyone think a reality TV star couple would like to live in the big town? PFT reports that Decker has two more suitors, should the Jets allow him to leave their headquarters.

The Jets are also reportedly interested in Jacksonville RB Maurice Jones-Drew, while the Giants will host another former Bronco, corner Tracy Porter.

A crude guesstimate on Denver’s current cap space

With the Broncos having agreed to terms with T.J. Ward and Aqib Talib, and also considered the favorites to add DeMarcus Ware, remaining cap space is a natural concern.

But it probably shouldn't be, at least not yet.

Not including the retirement of Chris Kuper, Over the Cap estimated that Denver entered the day with nearly $27.5M in cap space. Once we account for Kuper, that would mean the Broncos had $31.5M with which to play.

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