Jaylen Waddle Restructures Contract to Create Cap Space for Broncos

Jaylen Waddle agreed to terms on Tuesday to restructure his contract with the Denver Broncos. The move converts $15.4 million of his 2026 option bonus into a signing bonus, effectively opening up immediate salary cap space for the organization. This financial adjustment, reported by Aaron Wilson of KPRC 2 Houston, allows the Broncos greater flexibility while maintaining the star receiver's presence on the roster as they prepare for the 2026 season. The restructure is a key move for Denver's cap.