Zero2Cool
12 years ago

September 18, 2004
ENGLEWOOD - The NFL said Thursday it fined the Denver Broncos $950,000 and took away the team’s third-round draft pick in 2005 for circumventing the salary cap between 1996-98.

The salary-cap violations included undisclosed agreements with several players to defer salary payments with interest, and a commitment by the Broncos in 1997 not to waive a player before a certain date. The players involved in the violations were not named.

The league’s management council, the Broncos and the NFL Players Association agreed to the resolution.

"While I regret that the circumstances took place, it is important to note that there was no competitive advantage gained by our organization, nor was there any involvement or responsibility by anyone who is currently with the Broncos in any capacity," owner Pat Bowlen said in a statement. "We accept our penalty, will pay our fine as directed, and from this point on put the issue behind us."

Coach Mike Shanahan has had responsibilty for player personnel decisions since he joined the Broncos in 1995.

Dave Blando, who is now in the Minnesota Vikings’ front office, was Denver’s salary cap director from 1997 to 2001. Harold Richardson managed the Broncos salary cap before Blando. Blando did not return a message left in his office late Thursday, and Richardson, who resigned as the Atlanta Falcons general manager in 2002, could not be reached for comment.

Broncos spokesman Jim Saccomano said Shanahan did not have a comment on the penalties.

In addition to the penalties, an unnamed agent of a former Broncos player also agreed to pay $100,000 to charity.

Harold Henderson, the NFL’s executive vice president of labor relations and the chairman of the league’s management council, said in a statement that the agreement in 1997 not to waive the unnamed player by a certain date effectively meant the player’s roster bonus was guaranteed, which affected the timing of the salary-cap hit for that bonus.

According to the NFL’s statement, part of the reason the Broncos needed to make the deferred salary arrangements was because of the team’s payments to build Invesco Field at Mile High, which opened in 2001.

"These agreements were plainly designed to help the club cope with seasonal cash flow problems exacerbated by the Broncos’ need to fund front-end expenditures associated with development of the new stadium in Denver," Henderson said.

In 2001, the Broncos were penalized a third-round pick in the 2002 NFL draft and had to pay a $305,000 fine and $663,000 in interest after a late payment to the league’s deferred compensation fund. That penalty involved deferred salary payments to quarterback John Elway and running back Terrell Davis.

The Broncos were not penalized for salary-cap violations at that time.

During a trial in February involving Bowlen and former Broncos owner Edgar F. Kaiser Jr., Elway testified he was owed between $14 million and $15 million of deferred salary when he retired after the 1998 season. Bowlen and Elway signed an agreement on Sept. 23, 1998, that offered Elway part ownership of the Broncos for $15 million, and Elway’s deferred salary was to be put toward the purchase.

The agreement was never exercised.

FRANK SCHWAB  wrote:


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Zero2Cool (14-Feb) : Packers are hiring Luke Getsy as senior offensive assistant.
Martha Careful (12-Feb) : I would love to have them both, esp. Crosby, but either might be too expensive.
Zero2Cool (12-Feb) : Keisean Nixon is trying to get Maxx Crosby and Davante Adams lol
Mucky Tundra (11-Feb) : Yeah where did it go?
packerfanoutwest (11-Feb) : or did you resctrict access to that topic?
packerfanoutwest (11-Feb) : why did you remove the Playoff topic?
Zero2Cool (10-Feb) : Tua’s old DC won a Super Bowl Year 1 with Tua’s former backup
Mucky Tundra (10-Feb) : *winning MVP
Mucky Tundra (10-Feb) : Funny observation I've heard: Carson Wentz was on the sideline for both Eagles Super Bowl wins w/guys supposed to be his back up winning
Zero2Cool (10-Feb) : NFL thought it would get more attention week preceding Super Bowl.
Zero2Cool (10-Feb) : Yes, the Pro Bowl. It was played Sunday before Super Bowl from 2010-2022
packerfanoutwest (10-Feb) : pro bowl
Zero2Cool (10-Feb) : From 2010 to 2022, it was played on the Sunday before the Super Bowl
Zero2Cool (10-Feb) : They moved it to the BYE week before Super Bowl several years ago.
packerfanoutwest (10-Feb) : it was always after the SB.....
beast (10-Feb) : Though I stop following pro bowl years ago
beast (10-Feb) : I thought the pro game was before the Super Bowl?
packerfanoutwest (10-Feb) : ok now for the Pro Bowl Game in Hawaii
TheKanataThrilla (10-Feb) : If I was Philly I would try to end it instead of punting it
Mucky Tundra (10-Feb) : VICTORY! We have (moral) victory!
TheKanataThrilla (10-Feb) : Hey they mentioned that we 3-peted
Mucky Tundra (10-Feb) : seems to me the 49ers should have traded Aiyuk when they had the chance
Mucky Tundra (10-Feb) : if the Eagles get it down to the 1, do they Tush Push or give it to Barkley?
TheKanataThrilla (10-Feb) : 49ers have a money problem if they want to sign their QB
Mucky Tundra (10-Feb) : Wait for real? Didn't he just get an extension two years ago?
Zero2Cool (10-Feb) : 49ers gonna trade Deebo. Interesting
TheKanataThrilla (10-Feb) : Replays always never seem to show the holdings
TheKanataThrilla (10-Feb) : Great throw by Hurts
Mucky Tundra (10-Feb) : Where Carter falls prey to bad off the field influences (to be clear, not saying he'd clip someone though)
Mucky Tundra (10-Feb) : Had Carter not gone to Philly were they already had a lot of old college friends, he ends up in a similar spot to Aaron Hernandez
Mucky Tundra (10-Feb) : I think some of his coaches told scouts to stay away
Mucky Tundra (10-Feb) : the street racing incident+conditioning and motivation problems
beast (10-Feb) : Then Carter was street racing, where the other car crashed and people died... and other teams were scared to pick Carter for some reason
beast (10-Feb) : I think the Saints traded up, giving their next year 1st to the Eagles, and then they sucked and Eagles got the 10th overall pick
packerfanoutwest (10-Feb) : wtf Barkley?
TheKanataThrilla (10-Feb) : Getting Carter and Nolan Smith in the first round in 2023 was pretty darn good
Mucky Tundra (10-Feb) : for some reason i'm thinking of a draft where the Eagles where in the mid 20s and a top player fell all the way to them
TheKanataThrilla (10-Feb) : I think so. I would need to look it up. Think it may have been Carolina's pick.
Mucky Tundra (10-Feb) : i'm not sure who i'm thinking of now
Mucky Tundra (10-Feb) : oh fuck me i messed that up
Zero2Cool (10-Feb) : Jordan Davis was 13th overall
Zero2Cool (10-Feb) : Carter was 9th overall
Zero2Cool (10-Feb) : Eagles had 15th and 10th selections, moved to 13 and 9 to get Davis and Carter back to back
Zero2Cool (10-Feb) : Eagles traded up for Carter, didn't they?
Mucky Tundra (10-Feb) : Obviously he was a huge risk but getting a top 5 talent on the dline in the mid 20s is fortuitous
Mucky Tundra (10-Feb) : Jalen Carter falling into their lap certainly helps
TheKanataThrilla (10-Feb) : And we could only wish to have this type of D
TheKanataThrilla (10-Feb) : It's not like Philly has had low draft picks, but has managed to get themselves a top notch pass rush. We spend so much draft capital of D
packerfanoutwest (10-Feb) : another crap halftime show
TheKanataThrilla (10-Feb) : I think it is over, but then I think of Atlanta and want Philly to go in with the same intensity in the second half
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