Broncos left tackle Garett Bolles is entering the final year of his current contract and is due a non-guaranteed $15.75MM base salary this season, to go along with a team-high $20MM cap hit. A trade or extension would have eased the burden on Denver’s cap, which is currently bloated by a league-leading $67.65MM in dead money stemming largely from the Russell Wilson release.
As Parker Gabriel of the Denver Post writes, however, the Broncos made it clear throughout the offseason that they are not looking to trade Bolles, their longest-tenured player. That makes it sound as if other clubs contacted Denver about acquiring the 2017 first-rounder, though there have been no public reports in that regard. Teams did check in on Bolles in the run-up to last year’s trade deadline, with the Broncos rebuffing overtures for all of their offensive talent.
Despite their resistance to any trade interest, the Broncos also do not seem to be in any hurry to extend Bolles. We heard in November that Bolles is interested in a new multiyear pact, and while the two sides could always open negotiations, it currently appears that the team is prepared to simply let their LT play out his contract and revisit the situation in 2025.
There is some logic to that. Denver is clearly in rebuild mode, so carving out cap space for 2024 is not necessarily a top priority, and authorizing a big-ticket extension for a 32-year-old blocker may not be the best use of limited resources (although it may have allowed the club to retain center Lloyd Cushenberry, who defected to the Titans in free agency). A trade for draft capital would have contributed to the rebuilding effort, but despite the Broncos’ bleak competitive outlook for the upcoming campaign, there is perhaps more value in having an established blocker protect the blind side of either Jarrett Stidham or first-round rookie Bo Nix, whom the team hopes will become its franchise QB.
While Bolles has never earned Pro Bowl honors, he has been a solid, starting-caliber LT since he entered the league, even considering his struggles with penalties during the early stages of his professional tenure. While he has been unable to replicate his elite 2020 performance, which made him Pro Football Focus’ third-highest-graded tackle that season and which earned him the four-year, $68MM extension he is about to finish up, he has mostly justified that investment.
He has also proven to be durable, with 2022 representing the only season in which he missed significant time due to injury. Bolles’ desire for a new contract notwithstanding, he was present for all of the Broncos’ voluntry workout this offseason, as Gabriel observes.
You don’t have to be a Pro Bowl offensive lineman to have a long career. If you’re consistent and stay injury free you might be able to hang around until you’re 40. Teams rarely find a replacement of any value on the free agent market (although the Jets might have lucked out with Tyron Smith) Drafting a stud is hit and (mostly) miss.