BRONCOS

NFL Insider says Broncos are likely to franchise tag Justin Simmons again

Feb 16, 2021, 9:13 AM | Updated: 9:58 am
ORCHARD PARK, NY - NOVEMBER 24: Justin Simmons #31 of the Denver Broncos celebrates his interceptio...
(Photo by Timothy T Ludwig/Getty Images)
(Photo by Timothy T Ludwig/Getty Images)

NFL Insider Jason La Canfora reported Tuesday that Broncos safety Justin Simmons should be franchised tagged “in a few weeks”.

New Broncos general manager George Paton does not want to start his regime watching one of the Broncos best players walk out, so a franchise tag on Simmons could be on the horizon. Denver paid Simmons $11.4M a year ago on the franchise tag and sources told La Canfora the team is “quite likely to apply it again in 2021 as a means to trying to secure a long-term deal with the playmaker”.

Simmons appeared in 74 games with 64 starts and has notched 385 tackles (288 solo), 11 tackles for a loss, 37 pass break-ups, and 16 interceptions since the Broncos drafted him in the third-round of the 2016 draft.

If the Broncos franchised tagged Simmons, he would make at least $13.73 million in 2021.

Per 9News Broncos Insider Mike Klis, a team option window on the financial guarantee for Von Miller and Kareem Jackson is underway and concludes March 16, or the day before free agency officially begins. Jackson has a $1.5 million option guarantee on his $10 million salary in 2021.

So how much are the Broncos willing to spend on the safety duo?

Jackson signed a three-year, $33 million contract and is set to make $11 million in 2021, while Simmons could make more than his slotted $13.7 million if the Broncos can reach an agreement on an extension.

According to NFL Insider Adam Schefter, the upcoming season cap is projected to drop to between $180-181 million.

The new league year begins on March 17 and La Canfora reported that by tagging Simmons, the Broncos will have until July 15 to reach a contract extension with the free-agent safety.

 

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