Elway says Broncos to spend at least $3M more than last year

Elway says Broncos to spend more than NFL salary cap in 2012
www.denverpost.com

In 2011, the Broncos spent $117.5 million in cash on salaries, or 98 percent of the $120.375 million salary cap. The cap is expected to again come in at $120.375 million for the 2012 season.

“That $3 million difference, we’ll roll that over to this year,” Elway said. “And that really came from the savings of Orton, so we’ll have that money to spend this year.”

Certainly not worthy of the "Denver Post Breaking News" spam special email, but whatever. So the cash savings from the Orton release could turn into a player - don't laugh, that guy could be the 2012 version of Chris Harris.*

As for actual news, the Broncos signed 25-year-old 6'2" 308 guard C.J. Davis, formerly of the Panthers. Davis dressed for seven games in 2010 but none in 2011.

* The undrafted free agent who kicked ass this year, not the Panther/Bear who Mason mentioned as a possible FA target. Man, that would be SO annoying.

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

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