When veteran running back Melvin Gordon agreed to terms on a one-year contract with the Denver Broncos on Tuesday, NFL Network’s Ian Rapoport originally reported that Gordon could earn up to $5 million in 2022.
Intentional or not, that initial figure (presumably from an agent) proved to be an exaggeration. If he hits all the incentives in his contract, Gordon could earn $4 million this year, according to KUSA-TV’s Mike Klis.
Gordon’s salary cap hit will be even lower than that, as Klis reports the running back will have a base salary of $2.5 million this season. That’s good value for an accomplished running back who has remained productive in recent seasons.
Gordon wasn’t the only veteran general manager George Paton brought back on a bargain deal this offseason — safety Kareem Jackson also signed a one-year deal and his cap hit will be just $2 million this fall.
After signing Gordon, the Broncos still have roughly $10.89 million in remaining cap space.
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