The Denver Broncos are entering the free agency period with many questions on who to keep and who to let test the market. However, news this morning from the NFL could help answer some of those questions.
The league announced a five percent increase in the cap space for the 2014 season. The increase is up to $130 million from the $123 million it was during the 2013 season. The increase may not seem like a lot, but it could really benefit the Broncos during the offseason. The $7 million increase could be the decision between letting a pending free agent walk or having enough money to sign the player to a new deal. This could benefit pending free agent Broncos players like Eric Decker and Knowshon Moreno.
I believe the Broncos should use the extra cap space to make some moves on defense as well as try to use some of it to bring back some of the free agents to be. Perhaps this will give the Broncos some leeway on bringing back Decker in a deal that will benefit both sides. If they decide that the additional cap space is not enough to bring Decker or any other free agent they would like to give a new deal to, I can see the Broncos using the added cap space on a few low budget free agents to give the team more balance.
This new cap space could be what the Broncos have been looking for. Now with that in place, it is time to see what they do with the five percent additional money. Is it Mar. 11 yet?