Florio mentions that Clady is due to make $9.5 million for the 2016 season. However, releasing him outright would produce $8.9 million in cap room to go along with $1.2 million in dead money.
According to Florio, it would be smart to come to some sort of resolution before the start of the offseason program to prevent things from getting even more complicated in the event Clady were to suffer an injury.
Florio adds that a trade could be a potential option if the Broncos and Clady can’t work out a new deal, and suggests the Giants, Lions and Seahawks as teams who could have some interest.
Clady, 29, has another two years remaining on his five-year, $52.5 million contract that included contains $33 million guaranteed. He stands to make base salaries of $9.5 million in 2016 and another $10 million in 2017.
As of now, Clady carries a cap figure of $10.1 million for the 2016 season. According to OverTheCap.com, a restructure could net the Broncos over $4 million in available cap space.
In 2014, Clady appeared in all 16 games for the Broncos and was rated by Pro Football Focus as the No. 41 offensive tackle out of 84 qualifying players.