Per NFLN's Ian Rapoport, Charles Woodson has a standing offer from the Broncos, but still plans to take his Tuesday visit with the Raiders, who are the other team known to have made an offer to the corner-turned-safety.
The Panthers and Giants are said to have expressed interest, but there have been no reported offers from either team. The Giants are reportedly only willing to pay Woodson around the minimum salary, which is $940K for a player of his experience.
Rapoport reports that other unidentified teams are involved, and suggests that Denver is the only team to have offered Woodson more than the minimum salary.
Updated 10:40am ET
As per Mike Florio, the Broncos have added an insurance policy to Peyton Manning's contract. Manning is signed through 2016 and will be guaranteed $40M over the next two seasons, after having passed his physical in March.
If Peyton were to reaggravate the neck injury that cost him his 2011 season, the team would be able to cut Manning and void the $20M salary he's due in 2014. The insurance policy would provide Denver with cap relief and $10M in cash in the case of any other serious injury.
Updated 12:46pm ET
I’m getting pretty hopeful that the Broncos will sign Charles Woodson, based on the fact that he visited Dove Valley Wednesday, and also on the smoke signals that Mike Klis is reading. I’ve advocated a few times for Woodson to be signed, and I’ve banged the table for a matchup safety.
I think that of all the free agents presently available on the street, Woodson is the best possible fit for this Broncos team. There’s some injury risk there, but I would say that Woodson's having missed seven games in 2012 was unusual for his career, and that you’d be foolish to make a sweeping assumption that it’s the new normal for him because he hit some magic “old man” cutoff point.
All things considered, Woodson has been pretty durable throughout his career, and he has that record despite playing his position in a very unique and physical way. I would emphatically call Woodson a risk worth taking on the injury front.
Carl Poston, the agent for Charles Woodson, provided an update on the status of his client this morning, via Josina Anderson:
Charles Woodson had a good meeting with the Denver Broncos. I believe they feel his versatile style will help their defense shine more. We remain in discussions with them. Charles is also still talking to Oakland, and a new team entered the mix during his visit to Colorado.
Was Poston referring to the Panthers?
Updated 2:44pm ET
According to Mike Klis, Charles Woodson's visit to Dove Valley ended with no contract agreement. However, both Klis and Vic Lombardi seem to think this story isn't over yet:
All things quiet on the Broncos front, which means they're probably negotiating a deal right now.— Vic Lombardi (@VicLombardi) May 15, 2013
Sneed hears that former Chicago Bear Brian Urlacher, whose stellar, longtime career with the Bears began with a growl and ended with a whimper, is getting close to finding a new pigskin playground.
Sneed is told that Urlacher, whose decision to leave the Bears followed their offer of a $1.6 million renewal contract, has been talking to the Minnesota Vikings and the Denver Broncos. “It’s getting close to happening, but Brian is leaning toward heading to Minnesota and is talking a one to two year contract,” said a source close to Urlacher.
As we've been saying here at IAOFM since February and a couple times more recently, Charles Woodson as a matchup safety for the Broncos is an excellent idea (If you're not sure what we mean by a matchup safety, here is a fine refresher course).
The Broncos' struggles at covering tight ends in recent years, and especially last season, have been well documented.
To that end, Vic Lombardi is reporting that the team is finally going to take a closer look at Woodson:
Updated 8:23pm ET
For the coaching staff, it was their first on-field look at the Broncos' draftees and undrafted free agent signings, along with a trio of players invited for an extended tryout.
According to Mike Klis, two of those invitees were impressive enough that they will be signed - CSU DE Lanston Tanyi, and UCLA LB Damien Holmes.
Updated 9:29pm ET
Given the matching info, we'll assume that figure does not factor in Denver's signing of Shaun Phillips, who will count for $1.4M this season, with any potential sack incentives beyond that impacting the 2014 cap.
Since we all know that the addition of Phillips's $1.4M cap number is partially offset by the removal of Duke Ihenacho's $480K figure under the Top-51 offseason accounting rule, that means signing the ex-Charger cost Denver $920K against the cap. That brings them to $7.48M in 2013 cap space as of today.
Happy Tuesday, friends. I’ve had a few days to digest the 2013 Draft, and I have some thoughts on the class of players that the Broncos took. It’s not going to be like a grading exercise, or anything like that, because you can get that crap around the internet from any fool who has a keyboard, just like you can get mock drafts. For the most part, those grading exercises are worth about as much as the mocks are.
What we should be concerned with is how this group of players fits into this roster. The time to be worried about reaches and relative draft value is over; it doesn’t matter if you think that some other player who was picked in the fourth round was better than the guy the Broncos took in the third. Sunk costs are irrelevant to the team’s affairs and decisions of today. People who dwell on them are morons.
What is relevant is how these players can help the team, both now and in the future. That’s the topic of today’s article – how does it all fit together?