John Elway has done a great job through the years of not accumulating much dead money on the salary cap.
In 2018, however, he had to bite the bullet on a couple of bad investments.
Elway released Menelik Watson despite a pretty big blow in terms of dead cap. Watson counted just under $7 million against the Broncos’ cap in 2018 and will count $1.33 million against the cap in 2019.
Yikes.
The Broncos also ate some significant dead money when they released quarterback Paxton Lynch, who was still owed over $4.4 million on his rookie contract.