WR DEN (9)
Mon 3/21/22 10:08 AM

The Broncos converted $6.9 million of Patrick's roster bonus to a signing bonus Friday to create roughly $4.6 million in salary cap space, Mike Klis of 9News Denver reports.
EDGE Analysis
Patrick's restructured deal comes just four months after he signed a three-year, $29.25 million contract with the Broncos in November. The additional salary cap room will allow Denver to remain active as the team looks to improve the roster heading into next season. The veteran wideout caught 53 of 85 targets for 734 yards and five touchdowns in 16 games last season. The acquisition of Russell Wilson at quarterback marks a significant upgrade at the position and should provide Patrick the opportunity to take a step forward in the offense in 2022.