CJ2K on his way out of Tennessee

Good Morning, Broncos fans! 2.5 weeks into the new league year, let's check in on where Denver stands financially.

Not including the Winston Justice contract (figure somewhere around $1M for one year), OTC estimates Denver's cap space at around $7.6M.

Although the Broncos sport the highest cap spending in the league so far ($129.2M), they still have decent room thanks to their carryover from 2013 and relative lack of dead money.

As usual, this owes largely to the wise caponomic policies under the watch of John Elway and Mike Sullivan.

Jason Fitzgerald has updated his rookie pool estimates, figuring Denver's number to be around $4.4M.

But that figure won't be subtracted straight out of the Broncos' cap space. So it's not like adding draft picks will functionally drop their available room to $3.2M.

Remember - the current cap figure is based upon the team's top 51 contracts.

When all is said and done, drafted rookies will end up replacing older players on the final roster. The net contract swap of rookies for veterans may cost a million or two, or it may even be a wash (unlikely).

Basically, Denver still has room to add a player. At this point, whether they're able to do so is likely more about desire and cash.

Broncos

In John Elway's handling of the roster, Paul Klee sees a GM just as confident as he had been as Denver's quarterback.

Jeff Legwold wrote a bunch of words.

Andrew Mason has Denver taking Wisconsin linebacker Chris Borland at #31 in his latest mock; Gray Caldwell tracks mocks from elsewhere.

News

San Diego's new mayor has started informal talks with the Chargers about handing over hard-earned taxpayer dollars for a new stadium.

Oakland officially signed RB Maurice Jones-Drew and re-signed DT Pat SimsPittsburgh signed RB LeGarrette Blount; Houston added safety Chris Clemons; New England re-signed C Ryan Wendell.

Tennessee is expected to release RB Chris Johnson sometime next week.

The image rehab of Niners corner Chris Culliver took a big blow on Friday, when he was arrested on felony hit-and-run charges.

Dan Snyder is so genuinely interested in helping Native Americans that he chose a money and job swindler to head up his new initiative.

Analysis

Doug Farrar counts Denver's secondary among the most improved units following the first weeks of free agency.

Chase Stuart revisits his 2013 predictions for the NFCN teams.

Draft

Bucky Brooks now has Johnny Manziel atop his QB prospect rankings and discusses his best NFL fits.

Jason Cohen says drafting Manziel could help the Texans become one of the NFL's hottest stories.

Greg Gabriel scouts Florida guard John Halapio and Miami tackle Seantrel Henderson.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM

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