The Broncos converted $10.5 million of Sutton's contract into a signing bonus Sunday to create $7.875 million in salary cap room, Field Yates of ESPN reports.
Analysis: Sutton inked a four-year, $60.8 million extension with the Broncos in November, and it didn't take long for the team to rework the deal in order to create some cap space. The 26-year-old caught 58 of 98 targets for 776 yards and two touchdowns in 17 games last season, and his outlook for 2022 is on the rise since Denver will have a major upgrade at quarterback following the acquisition of Russell Wilson.
Courtland Sutton Quiet in season finale
Sutton caught one of three targets for 13 yards while also completing his only pass attempt for 16 yards in Saturday's 28-24 loss to the Chiefs.
Analysis: Sutton ended the season in underwhelming fashion, which was a common refrain through the Broncos' first 16 games. The 26-year-old finishes with 58 catches for 776 yards and just two touchdowns, with shaky quarterback play likely being a significant factor in his disappointing numbers after he inked a four-year, $60.8 million contract extension in November. The Broncos could look to free agency or the draft in order to address their quarterback woes, as neither Teddy Bridgewater or Drew Lock appear to be the long-term answer at the position. An upgrade at quarterback could be what helps to take this offense to the next level and make Sutton a fantasy star.
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