ENGLEWOOD, Colo. -- As the Denver Broncos continue to grind through the team’s draft preparations, they closed another business week with the tightest of salary caps, at least one opening on the quarterback depth chart and a continued effort to convince San Francisco 49ers quarterback Colin Kaepernick to take a significant pay cut to join the defending Super Bowl champion.
The Broncos ended business Friday, even as they tried to close a deal with Kaepernick, with $1.62 million worth of salary cap room, according to the NFL Players Association. That is barely enough room for them to pay their first-round selection in the coming draft and certainly not in the same salary-cap galaxy to add Kaepernick's contract as it stands.