As the defending Super Bowl champion Denver Broncos continue their offseason roster construction, it will eventually require some cap management, with the team currently carrying just $1.62 million in space (prior to signing veteran defensive lineman Jared Crick on Wednesday).
Among the easiest ways for Denver to create a pile of cap space -- up to $9.18 million, to be specific -- is by visiting the contract of star wide receiver Demaryius Thomas. When the team and Thomas agreed to a five-year deal last offseason, it included an automatic conversion clause that entitles Denver to convert any portion of Thomas’ $13M base salary in 2016 into a signing bonus, which would be prorated for cap purposes over the final four years of the deal.