The Denver Broncos have been working hard to set themselves for both now and the future. They've done so with excellent cap handling and ensuring their homegrown talent will stay in Denver.
Less than a month ago, the Broncos announced they had agreed to terms with their pro bowl left tackle Ryan Clady. After negotiating for over a year, the Broncos and Clady were able to agree on a five-year deal worth over $52 million with $33 million being fully guaranteed.
Not long after the Clady deal, the Broncos were able to agree on a four-year deal with punter Britton Colquitt. Colquitt essentially got a three-year extension worth $11.7 million. Colquitt signed his restricted free agent tag at $1.33 million for 2013 early in the offseason. The contract extension made Colquitt the highest paid punter per year in NFL history at $3.9 million.
The Broncos still have some work to do to keep a few other important cogs in WR Eric Decker and and LB Wesley Woodyard. Both players will be free agents after the 2013-2014 season if no deal is reached by then.
With QB Peyton Manning leading the offense, Decker put up 85 catches for over 1,000 yards and 13 touchdowns. If Decker is able to put up similar numbers in 2013-2014, he could receive serious cash from some team needing a WR. If the Broncos intend to sign Decker longterm, they would be wise to do so before the WR hits the market.
Woodyard expressed to the Denver Broncos that he wants to stay a Denver Bronco. Woodyard made the transformation from a good special teams player to a great starting linebacker for the Broncos last year. He was one of Denver's surest tacklers, making big plays on a consistent basis. Woodyard's leadership on defense can't be ignored as well. Woodyard has been one of only two Bronco players in history to be voted a captain in the first five seasons.
The Broncos recently restructured G Chris Kuper's contract. The restructure will roughly save the Broncos $3.5 million in cap relief in 2013. The Broncos were around $8 million in cap space after Clady's deal. With Colquitt's deal and Kuper's restructure, the Broncos have set themselves up nicely financially. It will be interesting to see if either Decker and/or Woodyard get deals before the official start of the regular season. The Broncos do appear to have the cap space to do it, however.