Elvis will not be leaving the building after all.
Michelle Beisner of the NFL Network reports that the Broncos and defensive end Elvis Dumervil have agreed on a salary reduction that will keep Dumervil on the team for the 2013 season. The sides needed to work out a deal on Friday in order for Dumervil to avoid the axe because of a $12 million salary that Denver boss John Elway said was “out of whack.”
Dumervil agreed and now the salary has been whacked. Beisner’s colleague Albert Breer reports that it will be a $4 million reduction for Dumervil.
Earlier this week, it looked as if the Broncos were prepared to cut Dumervil and move on even though he’d expressed a willingness to play for less money. One has to wonder if the visits to the Patriots by defensive ends Dwight Freeney and John Abraham contributed to Denver’s decision to find a way to remain in the Dumervil business since dropping a guy with 20.5 sacks over the last two seasons is a pretty risky move unless you’ve got someone lined up to replace him.
Now any addition they make will be to complement Dumervil (and Von Miller) as a pass rusher, something that would be a nice addition to a Broncos defense that’s already addressed defensive tackle, linebacker and cornerback this offseason.
UPDATE 4:25 p.m. ET: Upon further review, Elvis has left the building. Dumervil has been released after the Broncos did not receive a fax with his altered contract before the deadline for guaranteeing his $12 million salary. Apparently the Pony Express was busy.