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.
Miami pulled a rare move by applying a transition tag to pending unrestricted free agent tight end Charles Clay; the resulting tender is worth $7.071M for one season. The Dolphins would have five days to exercise a right of first refusal for any prospective offer sheet signed by Clay with another team.
But unlike with a franchise tender, there's no draft choice compensation associated with a signed and unmatched offer sheet.
As had long been expected, the Broncos applied their non-exclusive franchise tag to pending unrestricted free agent wideout Demaryius Thomas just ahead of Monday's deadline.
The accompanying tender is worth $12.823M and will count against Denver's cap space immediately, even before Thomas signs the one-year deal. Denver and Thomas now have until 4pm ET on Wednesday, July 15 to agree to a multiyear contract. Once past this deadline, the two sides cannot execute a long-term deal until after the conclusion of the 2015 regular season.
A non-exclusive tag allows Thomas the freedom to sign an offer sheet with another team, but the Broncos would have the opportunity to match, known as a right of first refusal.
Good Morning, Broncos fans! Denver is fully expected to use a non-exclusive franchise tag on pending free agent Demaryius Thomas by today's 4pm ET deadline.
According to Mike Klis, there's a good chance Thomas delays signing the tender until the July 15 deadline, preserving the only (tiny) bit of leverage he holds. That would mean missing OTAs and minicamps, but from a player's perspective, there's very little reason to rush to sign a franchise tender.
Klis adds that last summer, the Broncos ($13M/year) and Thomas ($15M/year) were pretty far apart in their negotiation toward a long-term deal.
The Broncos and Peyton Manning's agent are working on a restructure of the quarterback's contract, according to Mike Klis. The two sides reportedly hope to have an agreement on a revised deal by sometime next week.
Manning is due to draw a $19M salary and count for $21.5M against the salary cap in each of the next two seasons. For reasons explained here by Joel Corry and Jason Fitzgerald, it's highly unlikely that Peyton would agree to a net pay cut, as he holds all of the leverage in this situation.
According to a pair of reports, the Broncos may have to deal with multidimensional threats Randall Cobb and Percy Harvin on a regular basis. Bill Williamson says the Raiders are expected to pursue Cobb if Green Bay opts not to use its franchise tag on him. Cobb, who turns 25 in August, posted new career highs with 91 catches, 1,287 yards, and 12 touchdowns in 2014.
According to the DP and Atlanta JC, the Jaguars and Falcons are expected to be among the suitors for pending free agent Julius Thomas.
Also at the DP, Troy Renck presents some excellent thoughts about how Broncos Country continues to bury their soon-to-be-former unique threat:
Julius Thomas makes an easy villain.
Predictably, the Broncos will meet with free agent fullback/tight end James Casey (6-3, 240) on Thursday, according to Mike Klis. A native of Texas, spent his first four NFL seasons playing for Gary Kubiak in Houston, was released by the Eagles last week.
Casey could fill multiple needs for the Broncos, who currently have no fullback and only one tight end under contract, in Dominique Jones.