The Broncos needed a little bit of breathing room on their salary cap.
They made an adjustment to a contract with an injured player in order to create it.
Denver converted $6 million of wide receiver Tim Patrick’s $8 million in base salary into bonus money, a source confirmed to The Post, allowing them to prorate the $6 million out over Patrick’s two remaining contract years and creating $3 million in cap room for 2023.
Because bonus money is prorated over the life of a contract (up to five years), taking money Patrick already would have made and paying it as bonus allowed for the Broncos to save cap space this year.