Denver Post Broncos writer Parker Gabriel posts his Broncos Mailbag weekly during the season and periodically during the offseason. Click here to submit a question.
How’s our cap situation looking? Do you think we’ll add another big name after the draft?
— Marshall, Parker
Hey Marshall, thanks for writing in and getting us going on draft week.
Good question. The Broncos are currently showing $17.4 million in cap space per NFL Players Association data and slightly less ($16.5 million) according to OvertheCap. That’s more than originally projected because of the unique way they structured safety Talanoa Hufanga’s three-year deal and also because they created $4 million in cap space by making a simple conversion of bonus money with outside linebacker Jonathon Cooper.