Last March, the Broncos signed linebacker Joe Mays to a four-year, $12 million deal. A season later, they’ll pay him $500,000 to go away.
Per a source with knowledge of the contract, Mays exits with $500,000 in fully guaranteed base salary. But there’s a chance that $500,000 guarantee evaporated when Mays was suspended last year one game for disconnecting a piece of ear from Matt Schaub’s head.
If so, the Broncos will save $4 million in cash and cap space. If not, it’ll be $3.5 million in cash and cap space.
Regardless of the amount, it makes us wonder whether the Broncos have plans for that cap space, given the potential four-game suspension of linebacker Von Miller.