Ezra Shaw, Getty Images)
The Broncos headed into the free agency’s legal tampering period with several free agents to retain and even more holes to fill on the team. The only problem — they didn’t have much money to do it.
When the legal tampered period opened, the Broncos had just $8.7 million in cap space to spend, according to Spotrac. Even after Peyton Manning’s retirement freed up $19 million in the 2016 salary cap, the Broncos had the second lowest cap figure in the NFL.
Tuesday, the Broncos cut three veterans and nearly doubled that cap figure.