As we've maintained all along, the latest chapter of Elvis Dumervil's Denver career was likely be the final one, and that's becoming closer to fruition with each bit of news.
According to Mike Klis, Dumervil's agent Marty Magid has asked the Broncos to release the defensive end ahead of Tuesday's 4pm ET opening of free agency.
Given the slim chances of getting a team to trade for Elvis and his $12M salary - which becomes guaranteed on Saturday - letting him go now would seem to be the right thing to do.
We're at an impasse. There's no animosity, whatsoever. Elvis understands this is a business. He loves the Broncos and he'd still like to come back and play for the Broncos under his current contract or restructure proposal that we sent them.
But if we can't reach common ground and you know as an organization that you're going to release him, then we'd like for them to release him by [4pm ET] tomorrow and not wait another four days. No hard feelings. We just disagree on their restructure option.
It's obvious that Dumervil won't accept whatever (steep) pay cut Denver has demanded of him, and if they're not going to stand up to their end of the contract, then the least they can do is allow their three-time Pro Bowler to maximize his next deal by hitting free agency earlier.
Following the release of D.J. Williams (who's also represented by Magid) and Caleb Hanie, the Broncos have around $11.5M in cap room, not counting whatever cap number David Bruton will draw in the first season of his new three-year deal. Cutting Dumervil ($13.623M cap - $4.869M dead money = $8.754M savings) and Joe Mays ($4,166,667 cap - $833,334 dead money = $3,333,333 savings) would leave them with $23,660,084 in room pending the Bruton deal, providing them the opportunity to make a big move or two during this offseason.
All cap figures already include the restricted tenders that have been given Ryan Clady (Franchise), Britton Colquitt, Lance Ball, Chris Clark, Tony Carter (Exclusive Rights FA), and Mitch Unrein (ERFA).