Thomas' contract contains a $4 million option bonus due by the last day of the league year on March 14. If the Broncos decline to exercise it, the final two seasons of Thomas' contracts are voided, making him a free agent. The dead money makes this interesting. It would be $4.4 million less a $1.33 million cap charge already absorbed for one-third of the bonus.

Translation: the dead cap money would be $3.07 million. Is that a manageable figure? It's a fair question if the Broncos want to allocate their money differently this offseason. Thomas, 30, is due to make $8.5 million in base salary next season
https://www.thedenverchannel.com/spo...esting-wrinkle