There is a lot more to the Patrick Surtain II extension than first meets the eye.
, Patrick Surtain II has established himself as a premier cornerback in the league. As he enters his age-24 season, Surtain has become the best player on the team and one of its most important franchise building blocks.
Under the Walter-Penner ownership group, the Broncos have an excellent ability to exploit the use of the signing bonus and to maximize the pro-rated portion to level out the cap hits. With the fifth-year option and another four years on that, a hefty signing bonus would likely be incorporated in the Surtain extension and be pro-rated over the maximum five years.
In 2025, the Broncos have a full complement of draft resources, which can help mitigate a relative lack of cap space, once other contract situations are considered. As they build a competitive roster for the Nix era, the aspect of unpaid production is of vital importance for the Broncos, especially with $76M in dead cap this season.
However, a first-round receiver who performs well has more unpaid production ability than a first-round cornerback who does the same. Therefore, it makes more sense for teams to invest premium picks in the draft in receivers to see them through one contract. And while the Broncos can't re-sign everyone, one player for whom the Surtain extension could be good news figures to be the left tackle, Bolles. Of the contracts on the roster, Bolles’ is the one where the Broncos have the most flexibility to restructure to get cap-compliant, as they will need some flexibility for in-season roster moves.
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