Originally Posted by lonestar
Where is it coming from?
Let's start with the basics.
First, Clady's cap hit was nearly $6 million in 2012. So if the Broncos pay him $12 million (Joe Thomas money) they only take an extra cap hit of $6 million. The cap hits don't compound.
That doesn't even include the $11.97 million in cap hits coming off the books for free agents to be, i.e., Lance Ball ($540,000), Tracy Porter ($4,000,000), Bannon ($1,000,000), Brookings ($1,000,000), Chris Clark ($540,000), Chris Gronkowski ($540,000), Jim Leonhard ($890,000), Jason Hunter ($700,000), Ty Warren ($1,500,000) and Matt Willis ($1,260,000), that likely won't be resigned.
That leaves roughly $27.97 million of cap room flexibility. Take into consideration that Denver's rookie cap hits last year was something like $4 million, so that still leaves the Broncos with $23.97 million in cap space to work with even after signing Clady.
Granted, there will be some dead cap space accrued from something, and that will cut down on that, but there's also a lot of dead cap space that comes off the books too.