The Denver Broncos have released tight end Jeff Heuerman per various reports. Heuerman was expected the be the type of player who would be very vulnerable in a year of very uncertain economics. Heuerman was scheduled to earn up to $4 million this season with a cap hit up to $4.5 million. They will free up $4 million in cash and $3.875 million in cap space with the release.
Heuerman had signed a two year, $8 million contract with the team in 2019, but since then the Broncos had spent a first round pick on Noah Fant in 2019, a 4th round pick on Okwuegbunam this year, and signed Nick Vannett in the offseason. Those three players combined will earn just $5.42 million, this year, and the addition of the latter two players likely contributed to the decision to release him.
Heuerman will leave the Broncos with $500,000 in dead money. Though the cap is very fluid right now we currently estimate Denver to have about $20 million in cap room for 2020 following the cut.
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