The Denver Broncos added five players to their roster through the 2023 NFL draft last month. Thanks to the structure of the NFL’s collective bargaining agreement with players, we have a rough idea of what kind of contracts each member of the team’s draft class will receive.
All four players will receive four-year deals. None of them will have a fifth-year option because the Broncos did not have a first-round pick this year.
Broncos wide receiver Marvin Mims (second round, 63rd overall) is projected to receive a contract worth $6,068,635, according to Spotrac.com. He’s expected to get a signing bonus worth around $1,413,552.
Linebacker Drew Sanders (third round, 63rd overall) is expected to earn $5,734,727 with a $1,170,711 signing bonus. Cornerback Riley Moss (third round, 83rd overall) will receive roughly $5,447,488 with a $961,809 signing bonus.
Safety JL Skinner (sixth round, 183rd overall) will have a total contract value of $4,036,219 with $196,219 as a signing bonus. Finally, center Alex Forsyth (seventh round, 257th overall) is expected to receive a $3,917,777 contract with a $77,777 signing bonus.
Combined, those players are expected to take up about $3,205,017 in salary cap space this offseason.
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