The Broncos have created a little cap room by restructuring the contract of tight end Jacob Tamme, according to Jason Fitzgerald of Over The Cap, who tweets that Tamme accepted a reduced salary in order to remain with the team.
Having previously been set to earn a $3MM base salary in the final year of his contract, Tamme can still make that much if he maxes out on bonuses and incentives, but his base salary has been reduced to just $1.25MM, per Field Yates of ESPN.com (via Twitter). The new deal includes up to $450K in per-game roster bonuses ($28,125 per game), as well as up to $1.3MM in incentives.
After Julius Thomas‘ emergence last season, Tamme has settled into a reduced role on the Broncos’ offense. Even with Wes Welker out for the season’s first four weeks, Thomas, Demaryius Thomas, Emmanuel Sanders, Andre Caldwell, and rookie Cody Latimer will be among the players vying for targets. Still, given how much Peyton Manning and the Broncos like to throw, we should see the occasional pass heading Tamme’s way.