- According to Ian Rapoport, Charles receives a one-year contract worth up to $3.75 million from the Broncos.
- Mike Klis reports that the base value of the contract is $900,000 and includes a $100,000 workout bonus to go along with $2.75 million between active roster bonuses and incentives.
Denver brought Charles in for a visit on Tuesday. Reports mentioned that as long as everything checked out medically, it was possible that a deal could be agreed to during the visit and it appears as though everything is good regarding his knees.
Charles, 30, was in the final year of his four-year, $28 million contract that included $8.3 million guaranteed and was set to make a base salary of $3.75 million for the 2017 season when the Chiefs cut him in a move that freed up $7 million of available cap space.
In 2016, Charles appeared in three games and rushed for 40 yards on 12 carries (3.3 YPC) to go along with two receptions for 14 yards receiving and a touchdown.
We had him featured in our Top 50 Available Free Agents list.