The Denver Broncos have recently made significant signings in the form of wide receiver Josh Reynolds, offensive tackle Matt Peart, and linebackers Cody Barton and Justin Strnad. Prior to Reynolds’ two-year deal, the team had secured one-year contracts with Peart, Barton, and Strnad.
Let’s take a closer look at the contract details:
For Cody Barton, his contract includes a $1.33 million base salary, accompanied by a $1 million signing bonus and a $170,000 per-game roster bonus. These terms amount to a total salary cap hit of $2.46 million, with the $1.33 million salary being fully guaranteed.
As for Justin Strnad, his contract consists of a $1,055,000 base salary and a $250,000 signing bonus. This results in a total salary cap hit of $1,305,000. Strnad has $500,000 guaranteed as part of his contract.
According to OverTheCap.com, Matt Peart’s contract includes a $1,125,000 base salary and a $167,500 signing bonus. This results in a total salary cap hit of $1,152,500. Peart has $200,000 guaranteed as part of his contract.
When considering the contracts of Peart, Cody Barton, and Justin Strnad, the combined salary cap space they would occupy amounts to $4,917,500 if they make the roster for the upcoming season. Prior to factoring in the Josh Reynolds contract, the Broncos are estimated to have approximately $20.4 million in remaining cap space.
Although the specific details of Reynolds’ two-year contract have not been disclosed yet, it is reported to be worth “up to” $14 million. However, his base salary is expected to be less than $7 million per season. Once the contract details are made available, Broncos Wire will share the information.