The Denver Broncos have officially announced the release of veteran safety Justin Simmons, a move driven by financial considerations as the team navigates significant salary cap challenges. Simmons, who was set to earn $14.5 million in the upcoming season—the final year of his four-year, $61 million contract signed in 2021—was a key figure in the Broncos’ defense and a respected leader both on and off the field.
Simmons’ departure is part of a broader strategy by the Broncos to manage a record $85 million in dead cap charges resulting from the impending release of quarterback Russell Wilson. Wilson’s departure has placed the team in a difficult financial position, necessitating the release of high-earning veterans like Simmons to create salary cap space. The team has yet to decide whether to absorb $35.4 million or $53 million of Wilson’s dead-cap hit in 2024, but either option presents significant challenges in achieving cap compliance.
During his eight seasons with the Broncos, Simmons established himself as one of the NFL’s premier safeties. A second-team All-Pro in four of the last five seasons, he recorded 30 interceptions—the most by any player since his rookie year in 2016. His consistent performance and leadership made him a cornerstone of the Broncos’ defense, particularly in tandem with cornerback Patrick Surtain II.
Beyond his on-field contributions, Simmons was deeply involved in community service and was a perennial nominee for the NFL’s Walter Payton Man of the Year award. The Broncos acknowledged his impact, stating, “Justin’s influence as a Bronco extends far beyond his exceptional play during eight seasons with our organization.” They highlighted his dedication to uplifting others and using his platform for positive change, noting his mentorship of countless youth and support for the community, including extensive work with the Denver Broncos Boys & Girls Club.
Simmons’ release signals the beginning of a challenging offseason for the Broncos, who may need to make additional roster moves to address their financial situation. Other high-earning veterans, such as left tackle Garett Bolles, linebacker Josey Jewell, and receivers Tim Patrick and Courtland Sutton, could also be at risk of release as the team seeks to manage its salary cap.
As the Broncos enter this period of transition, they face the difficult task of rebuilding their roster while maintaining competitiveness in the AFC West. Simmons’ departure marks the end of an era for the team, and his absence will be felt both on the field and within the Denver community. Despite the challenges ahead, the Broncos express gratitude for Simmons’ contributions and wish him success in his future endeavors.
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