The Denver Broncos released kicker Matt Prater from his contract before his suspension was set to end next week.
The move looks to be purely a financial one as Prater’s replacement, Brandon McManus, makes just $420,000 this season compared to $2.294 million earned by Prater. With big time players like Demaryius Thomas and Julius Thomas up for contract extensions and kicker not exactly looking like a critical position for the Broncos it made sense to save the money for more critical needs. It is a move, in my opinion, that more teams should consider in the future when making difficult roster decisions and having high priced special teams talent on the roster.
The Broncos will save $2.294 million in cap room in 2014 and $3.25 million in cap room in 2015 with the release. Prater will count for $812,500 against the Broncos salary cap in both 2014 and 2015. Prater should have also triggered just over $191,000 in bonus forfeiture that will be credited to the Broncos salary cap next season.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.