Julius Thomas

Cap Work Remaining For Broncos

Until rosters are cut down to 53 players, teams are required to be under the $133MM salary cap with their top 51 salaries. In the wake of an aggressive offseason which included signing big-ticket free agents Aqib Talib, T.J. Ward, DeMarcus Ware and Emmanuel Sanders, the Broncos’ top 51 costs $132MM, meaning John Elway and Co. have some bookkeeping to do between now and the end of training camp, explains ESPN’s Jeff Legwold.

Key points:

  • The team is trying to lock up free agents-to-be Demaryius Thomas and Julius Thomas long-term.
  • Including rollover, the team has about $4.6MM of workable cap space.
  • “Quarterback Peyton Manning has the team’s highest cap figure, at $17.5 million and the Broncos have the biggest cap gap of any position between starter and backup with No. 2 Brock Osweiler, still on his rookie deal, coming in at $959,094 against the cap.”
  • The team has seven tight ends on the roster, five of which — including Thomas, Jacob Tamme and Joel Dreessen — are scheduled to be unrestricted free agents in 2015.
  • “Dead money” hits include Dominique Rodgers-Cromartie ($2.1MM), Chris Kuper ($1.83MM) and Willis McGahee ($500k).
  • Terrance Knighton‘s representatives were seeking a renegotiation of his contract which calls for him to make $2.75MM in 2014 before the big defensive lineman hits free agency, but the team did not acquiesce.
  • Kicker Matt Prater and punter Britton Colquitt will cost a combined $7.4MM against the cap this season.

Extension Candidate: Julius Thomas

The decision made yesterday by arbitrator Stephen Burbank to rule in favor of the Saints on Jimmy Graham‘s positional dispute wasn’t good news for Graham. However, it may not have been bad news for tight ends in general. Had Burbank decided to consider Graham a wide receiver, teams would have made a greater effort going forward not to split out their own tight ends, which would potentially limit the pass-catching numbers for those players, who would have a harder time exploiting certain matchups.Julius Thomas

Additionally, now that Graham is officially viewed as a tight end, he’s poised to set a new high watermark for salary at the position. The Saints are reportedly willing to make Graham the league’s highest-paid player at the position, surpassing Rob Gronkowski‘s $9MM annual value. The creation of a new top tier for salary at the position should bode well when other tight ends begin to negotiate new contracts, and will only help increase the figures for future franchise and transition tags.

All of this is to say that a player like Julius Thomas, whose contract is set to expire at the end of the 2014 season, shouldn’t be discouraged by the Graham verdict. A franchise tag at wide receiver likely won’t be in Thomas’ future, but the franchise tag for tight ends should be on the rise next year, and if Graham cracks $10MM per year on a long-term deal with the Saints, Thomas will have a stronger case to exceed $7MM on a pact of his own.

An extension for Thomas is indeed on Denver’s to-do list, with GM John Elway confirming to Mike Klis of the Denver Post last month that the Broncos have opened extension talks with their tight end. In Klis’ view, a $7MM per year average may be the target for former fourth-round pick, who turned 26 last week.

When considering Thomas’ value, there are a handful of factors to take into consideration. Coming into the 2013 season, Thomas had just one reception on his résumé for his first two years in the NFL, and had battled ankle troubles in 2012. However, he broke out in a big way in ’13, catching 65 balls for 788 yards and 12 touchdowns, despite ceding plenty of targets with Demaryius Thomas, Eric Decker, and Wes Welker.

Thomas is young, athletic, and a gifted pass-catcher — the fact that he played only one year of college ball at Portland State could actually be a positive for the Broncos, since it suggests he still has plenty of room to continue to develop and improve following his breakout season. The tight end recently told Ross Jones of Fox Sports that he anticipates the team finding new, creative ways to use him in 2014, as he becomes more comfortable and confident in the offense.

“I do think I’m still scratching the surface,” Thomas said. “I’ve had guys who have told me that playing football around year four and year five, it starts to click and then it all starts to make sense of what you’re doing. That’s typical of a normal guy who has been playing forever. I still think I have so far to go. I need to keep getting repetitions and keep getting comfortable with things.”

Assuming Denver also believes Thomas is “scratching the surface” of his full potential, it makes sense that the team would attempt to lock him up before the upcoming season, before his value increases even further. Still, when it comes to Thomas’ next contract, the club could have some of the same concerns that exist in negotiations with wideout Demaryius Thomas. Peyton Manning‘s presence in Denver has helped pad stats for all the team’s pass-catchers, and the presence of Welker, free agent signee Emmanuel Sanders, and rookie Cody Latimer will ensure that no one receiver is necessarily indispensable to the team’s passing attack. Additionally, with Manning unlikely to continue his career for more than another two or three years, it’s worth considering who will be throwing the balls caught by the pair of Thomases if Denver signs both players to lucrative long-term deals.

If the Broncos think Thomas is the real deal though, there’s no reason not to attempt to secure him on a multiyear contract this summer. A deal like the one agreed upon between Dennis Pitta and the Ravens this offseason could make some sense — Pitta only received an average annual value of $6.4MM over five years, but $16MM of that $32MM deal is fully guaranteed. I’d guess the Broncos are more likely to push for a different sort of structure, one with a higher annual salary and a more modest guarantee. In that scenario, a five-year deal for Thomas could fall in the $35-40MM range, but with a guarantee in the neighborhood of $10-13MM.

Photo courtesy of USA Today Sports Images.

Extra Points: Fitzpatrick, Hughes, Thomas, Robinson, Carr, Kennard

  • With the Texans hitching their wagon to veteran quarterback Ryan Fitzpatrick (known more for his intelligence than his physical ability) in 2014, Houston Chronicle beat writer Brian Smith released a few sobering tweets about Fitzpatrick’s prospects as a starter. Says Smith: “Recurring criticism of Fitzpatrick by analysts: Too much of a gunslinger with not enough of an arm.”
  • The Bills have a new defensive scheme this year under defensive coordinator Jim Schwartz, but Jerry Hughes‘ deployment won’t change. “He’s brought in his 4-3 scheme, but as far as what I’m doing it’s pretty much the same thing I did last year,” Hughes told Mark Gaughan of the Buffalo News. “My hand is in the ground and I’m coming off the edge trying to create pressure to get to the quarterback.” Drafted by the Colts in the first round in 2010, Hughes disappointed in Indianapolis. However, a trade to Buffalo last year gave Hughes new life as a pass-rush specialist, and he capitalized on the opportunity. Hughes registered 10 sacks, nine more quarterback hits and 39 quarterback hurries. In fact, he ranked first in the league in Pro Football Focus’ Pass Rush Productivity metric. Hughes will make just under $4MM this season before hitting free agency.
  • ESPN’s James Walker came up with two notable names when asked about potential surprise veteran cuts by the Dolphins: “Some veterans I think who are on the bubble include former Jeff Ireland draft picks who didn’t live up to their potential. Running back Daniel Thomas and tight end Michael Egnew come to mind. The Dolphins are no longer waiting on their potential. Both former highly-touted picks must bring it this summer or they could lose their roster spot.”
  • Julius Thomas, who emerged as a Pro Bowl tight end for the Broncos last season, could be a franchise tag candidate next year. Accordingly, he’s monitoring the Jimmy Graham situation with interest, writes the AP’s Arnie Stapleton.
  • Rams No. 2 overall pick Greg Robinson admits the mental part of the game is giving him trouble early in his NFL career (via ESPN’s Nick Wagoner): “It’s frustrating that I’m not up to pace right now because the playbook is more intense and things are changing but once I get back to where I’m comfortable, things will calm down and I can be myself out there…Right now it’s a lot of thinking going on, it causes me to move a little slower. Once I get up to speed, I can move with the snap count and stuff like that.”
  • Raiders second-round rookie Derek Carr has already ascended to No. 2 on the depth chart behind Matt Schaub, relays CSN Bay Area’s Scott Bair.
  • Giants rookie fifth-rounder Devon Kennard “impressed coaches in the spring program and could be in the mix to start on the strong side,” according to ESPN’s Dan Graziano. A 6-3, 250-pounder out of USC, Kennard, whose father was a Super Bowl winning center for the Cowboys, was viewed as a tweener prospect, albeit one with outstanding intangibles and make-it traits.
  • Free agent offensive guard Garrett Reynolds visited the Cowboys, per ESPN’s Adam Caplan (via Twitter). Reynolds started 23 games over the last three years for the Falcons, but struggled last season and was released in February.

Broncos Offer Demaryius Thomas Five-Year Deal

As we heard earlier this week, the Broncos have begun extension talks in earnest with two of their top pass-catchers, and according to Troy Renck of the Denver Post, discussions have progressed to the point of an offer for Demaryius Thomas. Per Renck, the club has offered the wide receiver a five-year extension. While Denver has also initiated negotiations with Julius Thomas, no offer has been made yet to the tight end.

“We’ve already talked to them to see if we can do something before the beginning of the year,” GM John Elway said earlier this week, referring to the pair of Thomases. “We’d like to get something done before the beginning of camp. We don’t want to do anything once training camp starts. They’re both in their last years and we’d like for them to stay and be Broncos for a long time.”

Demaryius Thomas, 26, has posted back-to-back Pro Bowl seasons since the arrival of Peyton Manning in Denver in 2012, averaging 93 catches, 1,432 receiving yards, and 12 touchdowns per year. As Mike Sando wrote today in an Insider-only piece for ESPN.com, the former first-round pick is one of the best receivers headed into a contract year in 2014, ranking alongside Dez Bryant at the top of a star-studded list that also includes Michael Crabtree, Randall Cobb, and Jordy Nelson, among others.

While it’s not clear what sort of money the Broncos have offered Thomas over the course of five years, it certainly should exceed the $36.25MM that former teammate Eric Decker received from the Jets this offseason. Assuming Thomas aims to be paid like an elite NFL receiver, he’ll likely be looking to match or exceed the five-year, $60MM+ deals signed by Mike Wallace and Percy Harvin in recent years.

Broncos Begin Contract Talks With Demaryius Thomas, Julius Thomas

The Broncos have opened contract talks with the agents of wide receiver Demaryius Thomas and tight end Julius Thomas, general manager John Elway told Mike Klis of The Denver Post. Elway was at the National Sportswriters Association Hall of Fame honoring veteran sportswriter Rick Reilly, but he took a few minutes to address the duo’s contract status.

“We’ve already talked to them to see if we can do something before the beginning of the year,” said Elway. “We’d like to get something done before the beginning of camp. We don’t want to do anything once training camp starts. They’re both in their last years and we’d like for them to stay and be Broncos for a long time.”

Demaryius Thomas had his second-straight All-Pro season in 2013, finishing with 1430 receiving yards and 14 touchdowns. Thomas originally signed a five-year deal worth $9.35MM after being selected as the 22nd pick in the 2010 draft. Klis suggests the wideout could receive a contract worth $12MM annually.

Julius Thomas had a breakout season in 2013. The former fourth-round pick caught 65 passes for 788 yards and 12 touchdowns. Klis believes the tight end could command a contract worth $7MM a year.

The two players figure to be Peyton Manning‘s main targets in 2014, along with veteran Wes Welker. The team lost Eric Decker this offseason (to a five-year, $36MM contract from the Jets) but added Emmanuel Sanders (signed a three-year, $15MM deal) and rookie Cody Latimer.