After setting their 53-man roster and 17-player practice squad, the Denver Broncos are right up against the salary cap going into the 2024 NFL season.
The Broncos have $485,584 in remaining salary cap space, according to an estimate from OverTheCap.com. A competing website, Spotrac.com, lists Denver’s cap space at $1,119,316. Either way, the team doesn’t have much wiggle room going into the season.
That cap space accounts for the team’s active roster, practice squad, injured reserve and dead money salary cap hits this fall. The team’s biggest dead money cap hit, of course, is former quarterback Russell Wilson. The Broncos took on the largest dead money hit in NFL history — $53 million — when they released Wilson in March.
Denver now has the sixth-least cap room in the NFL, only above the Minnesota Vikings, Buffalo Bills, Atlanta Falcons, Baltimore Ravens and Carolina Panthers. Things will get better for the Broncos in 2025 when they are projected to have more than $43 million in cap space, but things will be tight this fall.
