The window has been thrust ajar in Dove Valley. The Broncos have a clear view, through the pane, at a Lombardi Trophy. No longer fogged by the haze of a rebuild and a young quarterback. No longer fogged by the haze of a monster dead-cap figure, and the need for middle-market value-hunting.
The thing about windows, though, is that they close. Denver has two more seasons before it has to start thinking about a massive extension for quarterback Bo Nix, which will put considerable strain on their long-term cap. It’s no secret. The world knows it. Those inside the Broncos’ facility know it. Their time to strike is now, heading into 2026 free agency with roughly $28 million in current cap room — hovering in the top third of all NFL teams, according to Over The Cap — and plenty of levers to pull to create more space and throw money around in the market.
It’s also no secret that the Broncos need more skill talent. They need to add a running back, tight end, and potentially wide receiver. They need a linebacker either in free agency or the draft, and quietly have some options at safety. In January, owner Greg Penner described Denver’s approach with a phrase that’ll come to define this offseason, whatever size of swing the front office takes: “We’ll be opportunistically aggressive.”
The legal tampering period of free agency, when teams can officially make contact with players and agents, begins at 10:00 a.m. MT Monday. New contracts can officially be signed come 2:00 p.m. MT on Wednesday. Here’s The Denver Post’s position-by-position Broncos guide to 2026 free agency, informed via numerous conversations with NFL agents and sources across the past two weeks.
Quarterback
Who Denver has: QB1 Bo Nix, QB2 Jarrett Stidham
Who Denver could lose: QB3 Sam Ehlinger
What Denver needs: Another QB in the room, and to re-sign Ehlinger
Key market options (former team in parenthesis): Zach Wilson (Dolphins), Sam Howell (Eagles), Teddy Bridgewater (Buccaneers)
This will depend entirely on whether the Broncos actually shop Stidham, and potentially save themselves $6.5 million in corresponding cap room. If they trade Stidham to a quarterback-needy team for some draft capital, Denver could easily look to re-sign Ehlinger and promote him to Nix’s official backup, after Ehlinger stuck to Davis Webb’s hip in 2025. The Broncos would clearly need another name to push Ehlinger in such a circumstance, though.
If that wouldn’t be a young draft pick, the Broncos could look to bring back Zach Wilson, who was part of a tight-knit group with Nix and Stidham in Denver in 2024. Paton also did plenty of work on longtime backup Howell in the 2022 draft, and former Bronco Bridgewater was Sean Payton’s trusted backup in New Orleans in 2018 and 2019.
Running back
Who Denver has: RB1/RB2 RJ Harvey, RB3 Tyler Badie (likely to sign ERFA deal)
Who Denver could lose: RB1/RB2 J.K. Dobbins, RB4 Jaleel McLaughlin
What Denver needs: A true RB1 or Harvey complement, and depth
Key market options: Kenneth Walker III (Seahawks), Travis Etienne Jr. (Jaguars), Rico Dowdle (Panthers), Tyler Allgeier (Falcons), Kenneth Gainwell (Steelers), Emanuel Wilson (Packers)
Here’s the spot that’ll draw the most buzz next week. The Broncos have already been connected to some of the top names on the market, clearly needing an upgrade in the room even if Denver brings back Dobbins on the cheap; the oft-injured veteran simply can’t be relied upon to play a full season. The Seahawks elected not to give Walker a one-year, $14 million franchise tag after a Super Bowl MVP, and the star RB could easily command upwards of $12 to $14 million on the market.
Would Denver swing on that price, though? Walker wasn’t good in pass protection last year (two sacks and nine pressures in 51 pass-blocking snaps, per PFF), and the Broncos need a third-down back whom Nix trusts. The 5-foot-11, 215-pound Etienne is a highly intriguing fit for Denver, a bigger back who’s dynamic in the passing game (six receiving touchdowns in 2025). The 25-year-old Allgeier is a power back without excessive tread on the tires who could be available at a lower price, but expect Denver to look elsewhere.
Don’t be surprised if the Broncos walk away with Dobbins, Harvey and a supplemental piece instead of swinging big here. Wilson is an interesting name, a 226-pound RB who ran for 496 yards in Green Bay last season.
Wide receiver
Who Denver has: WR1 Courtland Sutton, WR2 Troy Franklin, WR3 Pat Bryant, WR4 Marvin Mims Jr.
Who Denver could lose: WR5 Lil’Jordan Humphrey
What Denver needs: A high-upside complement to Sutton, or at least another trustworthy WR4/5 option
Key market options: Alec Pierce (Colts), Jauan Jennings (49ers), Wan’Dale Robinson (Giants), Rashid Shaheed (Seahawks), Mike Evans (Buccaneers), Stefon Diggs (Patriots), Romeo Doubs (Packers), Jahan Dotson (Eagles), Jalen Nailor (Vikings)
The Broncos like their current receiver room. The Paton-Payton braintrust has made that clear this entire offseason, and their firing of receivers coach Keary Colbert and hire of longtime Payton associate Ronald Curry signal that Denver believes in unlocking the potential of its current group rather than needing a drastic personnel overhaul. That being said, they need to add a piece here, whether in free agency or via a deep draft class.
Pierce is the true difference-maker on the market. There are few in the NFL like him, a 6-foot-3 deep-ball extraordinaire who racked up 1,003 yards last year on 21.3 yards per catch. Denver got an up-close look at him in a Week 2 loss to Indianapolis. But one agent The Post spoke with pinpointed Pierce’s likely market value at $27 to $30 million, which would be a steep price for a team already giving Sutton $23 million yearly. Don’t expect Denver to get into a bidding war for him.
The rest of the market is somewhat iffy. Jennings has the frame (6-foot-3), blocking prowess and red-zone ability (nine TDs in 2025) that Payton would love. Robinson will likely land somewhere in the $10 to $15 million range, and would bring a high-volume slot weapon that Denver doesn’t currently have.
Doubs is a definite potential fit for the Broncos here; Denver has interest in the former Green Bay receiver, an NFL source told The Post. He’s a big-bodied target who doesn’t demand the ball but has good red-zone production and can play in a variety of alignments. Keep an eye on Dotson as a potential depth piece, too, as Dotson’s agency CAA also represents Nix. He’s a former 2022 first-round pick whose production stalled out in Philadelphia, but he can block, play from the slot and hasn’t dropped a pass since 2023.
Tight end
Who Denver has: TE1/TE2 Evan Engram
Who Denver could lose: TE1/TE2 Adam Trautman, TE3 Nate Adkins, TE4 Lucas Krull
What Denver needs: A legitimate in-line TE who can complement Engram as a pass-catcher, and stay on the field on any down
Key market options: David Njoku (Browns), Isaiah Likely (Ravens), Cade Otton (Buccaneers), Chig Okonkwo (Titans), Dallas Goedert (Eagles), Daniel Bellinger (Giants), Charlie Kolar (Ravens)
Denver can’t simply run it back from 2025 and expect better production from Engram, who caught 50 passes for 461 yards in 2025, under new play-caller Davis Webb. The Broncos need a versatile weapon whom they trust as both a blocker and a matchup-threat receiver. Otton might just be that guy: he played in-line (attached to the offensive tackle) on nearly half his snaps in Tampa Bay in 2025, according to Pro Football Focus, and has caught 59 passes in each of the last two seasons.
Otton’s yearly value has been pinpointed in NFL circles somewhere around Jake Ferguson’s four-year, $50 million extension with Dallas in 2025. If Denver wants to spend at TE, he and Likely would be the most well-rounded options on the Market. Njoku and Goedert are likely past their primes, and Okonkwo’s not a blocker.
Bellinger had 88 yards and a touchdown for the Giants against Denver in Week 7, and is seeking $7 to $8 million yearly. Kolar is the most intriguing upside swing here, a 6-foot-6 blocker who was stuck behind multiple TEs in Baltimore in the receiving game.
Offensive line
Who Denver has: LT1 Garett Bolles, LG1 Ben Powers, C1 Luke Wattenberg, RG1 Quinn Meinerz, RT1 Mike McGlinchey, OL2 Alex Palczewski, OT2 Matt Peart, OT2 Frank Crum, C2 Alex Forsyth
Who Denver could lose: Nobody
What Denver needs: Maybe another swing tackle
Key market options: Wide-open
Denver doesn’t need to spend here, with its current starting offensive line set again for 2026. The Broncos could always look to cut or deal Powers to create cap room and have a ready successor in Alex Palczewski, whom they inked to a two-year extension Thursday. It’s more likely they look to the draft to bolster depth here, although they could certainly cut Peart to save over $3 million in cap room and target another backup tackle in free agency. Players like former Vikings veteran Justin Skule or Seahawks backup Josh Jones could be good value there.
Defensive line
Who Denver has: DE1 Zach Allen, NT1 D.J. Jones, OLB1 Nik Bonitto, OLB2 Jonathon Cooper, DE/DT2 Eyioma Uwazurike, DT2 Malcolm Roach, OLB2 Jonah Elliss, OLB2 Dondrea Tillman (likely to sign ERFA deal), OLB3 Que Robinson, DE/DT3 Sai’vion Jones
Who Denver could lose: DE1 John Franklin-Myers, DE/DT3 Jordan Jackson
What Denver needs: A cheap, productive interior defensive lineman to push Uwazurike, Roach and Jones
Key market options: Logan Hall (Buccaneers), David Onyemata (Falcons), Calais Campbell (Cardinals), Sebastian Joseph-Day (Titans), Rakeem Nunez-Roches (Giants)
The Broncos already have massive amounts of money tied up in their defensive line, and Franklin-Myers is already all but gone. His likely landing spot is Tennessee, where recently-acquired defensive end Jermaine Johnson has already been recruiting Franklin-Myers. The thinking from agents who spoke with The Post is that Denver could bring in depth to help supplant Franklin-Myers, but will likely rely on its pieces already in the building to fill the void.
Ironically, the Broncos’ movements in the defensive-line market will depend on Franklin-Myers’ own movements. Agents are completely across the board on projecting Franklin-Myers’ yearly value in a weak class; one suggested $12 to $14 million, one suggested $16 to $18 million, and one went as high as $20 to $22 million. If teams end up bidding closer to that higher end, it could price the Broncos out of what they’d be willing to spend for another body in the room. Onyemata, Joseph-Day and Nunez-Roches could all offer cheap, veteran depth.
Inside linebacker
Who Denver has: LB1 Dre Greenlaw, LB2/LB3 Karene Reid, LB2/LB3 Jordan Turner, LB2/LB3 Levelle Bailey, LB2/LB3 Drew Sanders
Who Denver could lose: LB1 Alex Singleton, LB1/LB2 Justin Strnad
What Denver needs: An instant-impact starter, or at the very least a high-end LB3.
Key market options: Devin Lloyd (Jaguars), Nakobe Dean (Eagles), Quay Walker (Packers), Quincy Williams (Jets), Kaden Elliss (Falcons), Alex Anzalone (Lions), E.J. Speed (Texans), Bobby Okereke (Giants)
It’s a great year to need a middle linebacker. Denver could certainly look to a strong draft class to address this spot. But an NFL source who met with Denver at last week’s NFL Combine told The Post that the Broncos will have a “significant appetite” in the free-agent linebacker market.
That could mean they’ll take a monster swing on Lloyd, a 2025 All-Pro and the kind of playmaker that Vance Joseph would have a field day with in the middle of Denver’s defense. It could also mean they’ll re-sign Singleton as their green-dot defensive leader — he’s been pinpointed by multiple NFL sources at somewhere between $5 to $8 million yearly — and add another piece to compete for a starting job. Strnad is likely headed for new pastures, as he told The Post after the season he wouldn’t be back in Denver unless it was in a clear starting role.
The Broncos have interest in Anzalone and Speed, sources said, both potential green-dot options or LB3 pieces who will come in below the top of the market, where NFL sources pinpointed Lloyd likely to come in between $15 and $17 million annually. Dean is another interesting and versatile option who told The Post at the Super Bowl he likes watching the Broncos’ defense and would be interested in Denver in free agency if the price was right.
Secondary
Who Denver has: CB1 Pat Surtain II, CB1 Riley Moss, NB1 Ja’Quan McMillian, NB2/CB2 Jahdae Barron, CB2 Kris Abrams-Draine, S1 Talanoa Hufanga, S1 Brandon Jones, S2 Devon Key (likely to sign ERFA deal), S2 JL Skinner
Who Denver could lose: S2 P.J. Locke
What Denver needs: A third safety to replace Locke and potentially push Jones
Key market options: Tony Adams (Jets), Dane Belton (Giants), Kyle Dugger (Steelers), Andrew Wingard (Jaguars), Alohi Gilman (Ravens), Ifeatu Melifonwu (Dolphins), D’Anthony Bell (Panthers), Rodney Thomas II (Colts)
A notable Broncos development to track in free agency: Denver has expressed interest in adding a safety, several NFL sources told The Post this week. Locke is likely headed elsewhere after a nice fill-in stretch for the injured Jones late in 2025, and the Broncos want to add another piece to replace him, as Hufanga and Jones are both injury risks. Wingard is a name to watch here, a seven-year Jaguars veteran who recorded 84 tackles and nine passes defensed as a full-time starter in 2025.
The Broncos also did work on Melifonwu in last year’s free agency, and Denver tracked Bell’s status on the waiver wire as the Seahawks pulled him between the practice squad and active roster in 2025, sources said. At the very least, expect Denver to sign a depth safety who can also be a special-teams contributor.
Special teams
Who Denver has: K1 Wil Lutz, P1 Jeremy Crawshaw, LS1 Mitchell Fraboni
Who Denver could lose: Nobody
What Denver needs: Nothing
Key market options: Wide open
Denver need not spend much time here on specialists.
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