How much salary cap space do Broncos have? $150 million, NFLPA says

Graphic: Spotrac.com

The Denver Broncos have a 2015 salary cap of $150,066,024, the NFL Players Association announced Monday.

This year's salary cap is $143.28 million. Teams that did not use all of their cap space in 2014 can roll that space over into 2015. Denver rolled over $5.87 million from last year.

Denver has the eleventh-highest adjusted salary cap this year. Jacksonville tops all teams with $168,486,107.

The Broncos currently have $133,475,312 invested in current player contracts, according to Spotrac.com. That leaves Denver with $16,587,712 to use in free agency this offseason.

On Monday, the Broncos used their franchise tag on wide receiver Demaryius Thomas. The tag will pay Thomas $12,823,000 this season.

Denver's next order of business will be re-signing players and targeting free agents across the league. Broncos set to become free agents include defensive tackle Terrance Knighton, safety Rahim Moore, offensive lineman Orlando Franklin, and tight ends Julius Thomas and Virgil Green.

Potential free agent targets for the Broncos include tight end/fullback James Casey, offensive lineman Mike Iupati, defensive tackle Nick Fairley, and return specialist Jacoby Jones.

The Broncos can begin negotiating with players on March 7. The new league year — and the free agency signing period — will begin at 2 p.m. MT on March 10.

This story has been updated to reflect corrected salary cap numbers. Incorrect numbers from Over The Cap have been updated with numbers from Spotrac.

Denver Broncos 2013 Training Camp: Clady, DRC Return to Practice

On Day 13 (19 including non-practice days) of training camp, the Denver Broncos hit the field with enthusiasm—specifically running back Knowshon Moreno, who came out of the locker room singing, again.

Moreno is part of a three-way running back competition between himself and youngsters Ronnie Hillman and Montee Ball. None of the three RBs have been able to create much separation in the competition, but Hillman is currently listed as the team's starter.

"Ronnie did a great job," offensive coordinator Adam Gase said when asked about the running back's Week 1 preseason performance after practice on Saturday. "It was good to see him get out there and do his thing. And then Montee, same thing. I think he got outside one time. It was good to see him just stick his foot in the ground and get vertical."

Gase had only good things to say of both Hillman and Ball and also gave kudos to Moreno.

"Those two guys are doing a good job, as far as trying to execute what we want them to do. They’re good in pass (blocking), and Knowshon had a tough pickup in the formation we were in. He did a good job of stepping up and trying to take the heat off of Brock Osweiler a little bit."

As of now, there is no clear front-runner in the running back competition. But that's only one of the many story lines we've been following at camp.