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Williams Gets His Deal Re-Done

February 19, 2009
D.J Williams

D.J Williams

In a move that helps to reduce some of the dead money resulting from the release of cornerback Dre’Bly, the Denver Broncos have created $3.6 million in cap space by converting a $4.5 million roster bonus owed to linebacker D.J. Williams into a guaranteed payment to subtract the amount of money off of the cap.

According to Mike Klis of the Denver Post, the move spreads the payment over five years for cap purposes.  The cap charge for 2009 is reduced, then, to $900,000 —giving rise to an extra $3.6 million in cap room for the league year that commences on February 27.

The $3.6 million in cap savings resulting from the restructuring of Williams’ deal offsets only a portion of the the cap charge relating to Dre Bly’s release.

Per a source with knowledge of Bly’s deal, his remaining bonus proration is $9.45 million.  Because 2009 is the last capped year, the entire amount will have to be absorbed under the 2009 cap.

But since the Broncos are clearing Bly’s $3.25 million salary and $400,000 workout bonus, the net cap hit is $5.8 million.  So with Williams’adjusted contract, the Broncos are only $2.2 million in the hole. 

Klis also reports that the Broncos hope to extend the contracts of receiver Brandon Marshall and Casey Wiegmann, both of whom are in the final years of their contracts.  Absent a CBA extension, Marshall would be only a restricted free agent in 2010.

via Pro Football (I am really busy today and didn’t have time to write it myself.

  1. Jon Krause permalink
    February 20, 2009 4:24 AM

    Hey we need to keep him happy. Once our ‘D’ has some other goods guys around Williams he’ll be Pro Bowl pound. He is SUCH a good LB! He’s soooo underated.

    😦 oh man! Nnamdi signed W/ oakland! 😦 I wanted him

  2. February 20, 2009 11:47 AM

    Well jon that shows u how much people would want to play for denver. When Nnamdi asoughma would rather sing witht he faiders then the broncos.

  3. mark in MI permalink
    February 21, 2009 12:30 AM

    he had two choices. choice 1 sign a deal with oakland. choice 2 get tagged. there was no way any other team was gonna get a shot at him. it has nothing to do with wanting to play in Denver. he had no choice in anything. you should be more annoyed by the fact that houston tagged robinson at the last second.

    • February 21, 2009 3:46 PM

      agreed Mark. Dunta Robinson would have been a great addition. I am excited about Bryant McFadden though. He might be great.

  4. mark in MI permalink
    February 22, 2009 3:18 AM

    also agreed. the question I have ( I honestly don’t much about mcfadden) did he benefit by having outstanding safetys or can he handle all the extra passes that he will see cuz qbs are throwin away from champ and (as of now) a total lack of safety help.

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