The Denver Broncos have informed offensive tackle Russell Okung that they will not be picking up his option, sources confirmed to ESPN.
If the Broncos had exercised their $1 million option on Okung, he could have earned up to $48 million over another four years. Okung had a $1 million option bonus due between the fifth day after the Super Bowl (Feb. 10) and the first day of the league year (March 9). If that option was exercised, his 2017 ($2 million) and 2018 base salaries ($9.5 million) would become fully guaranteed.