Zero2Cool
13 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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beast (3m) : My first name starts with R and my beer belly is quite voluptuous! Thank you for noticing 😏
Zero2Cool (4h) : beast, you're just one R from being voluptuous.
Zero2Cool (4h) : And now some Packers blogger is like Doubs to Steelers makes sense!!!!
Zero2Cool (4h) : You saw me Tweet???
beast (4h) : Supposedly Steelers will be trading WR George Pickens to the Cowboys for a 3rd and late round pick swap
Zero2Cool (5-May) : Ravens release Justin Tucker, err D. Watson Jr?
Zero2Cool (5-May) : Cardinals have signed TE Josiah Deguara.
Zero2Cool (5-May) : If I were to "Google" it, then I wouldn't read it in your words.
Martha Careful (5-May) : Yes, in the military S2’s work on IPB, PERCEC, PHYSEC and IO
dfosterf (4-May) : FYI civilian companies swipe the S2 designation from the military. S2 is the intelligence branch up to brigade level. G2 is division level.
dfosterf (4-May) : Google it. Make sure to tack NFL on it or you will get the military meaning
Zero2Cool (4-May) : S2?
beast (4-May) : Seems like the S2 has a love/hate relationship with professional scouts.
beast (4-May) : In theory, the S2 test how quickly a QBs brain can solve game like issues and how quickly they can do it.
dfosterf (4-May) : Are you gentlemen and at least one lady familiar with the S2 cognition
Zero2Cool (4-May) : Maybe there isn't an issue.
beast (4-May) : NFL really needs to fix their position labeling issue, but I don't think they care
Zero2Cool (1-May) : Packers did not activate the fifth-year options for linebacker Quay Walker, with the goal of signing him to a contract extension.
Zero2Cool (1-May) : Matthew Golden spoke with Randall Cobb before draft. Looked like chance encounter.
packerfanoutwest (1-May) : from a head left turn?
packerfanoutwest (1-May) : someone drunk?
Zero2Cool (1-May) : Unlikely.
dfosterf (30-Apr) : How long until Jeff Sperbeck's family sues John Elway ?
Zero2Cool (30-Apr) : Packers are exercising the fifth-year option on DT Devonte Wyatt, locking in a guaranteed $12.9M for the 2026 season.
beast (30-Apr) : Sounds like P Luke Elzinga has a rookie try out opportunity from the Titans
dfosterf (30-Apr) : Luke Elzinga Punter Oklahoma stil unsigned. Green Bay has been mentioned as good fit
beast (30-Apr) : The Packers re-signed three exclusive rights free agents WR Melton, P Whelan and RB Wilson.
Zero2Cool (29-Apr) : February 5, 2002 (age 23) ok no. packers.com is wrong
Zero2Cool (29-Apr) : Micah Robinson is only 19??
Zero2Cool (29-Apr) : 6 first rounders on Packers defense now
Zero2Cool (29-Apr) : LB Isaiah Simmons. Signed. Called it!!! Oh yeah!
Martha Careful (29-Apr) : ty bboystyle...fat fingers
bboystyle (29-Apr) : Tom*
Martha Careful (28-Apr) : RIP Packer Safety Tim Brown
beast (27-Apr) : Yeah, but also some of the wording suggestions Jax only pranked called the QB, not the others... and if he had an open spreadsheet & 3 calls
beast (27-Apr) : Thank goodness he's not leaving the Turtle in the Red Tide
Mucky Tundra (27-Apr) : Cowboys 1st round pick Tyler Booker will indeed be bringing his pet turtle to Dallas with him
Mucky Tundra (27-Apr) : that contained all prospects info and contact
Mucky Tundra (27-Apr) : beast, according the Falcons statement Jax came across it on an ipad. If I had to guess, probably an open spread sheet or something
Zero2Cool (27-Apr) : Simmons put up an emoji with cheese.
beast (27-Apr) : Not sure anyone is interested in Isaiah Simmons... Collin Oliver might of taken his potential slot
beast (27-Apr) : I'm going with Jax Ulbrich is not telling the whole truth... he accidentally came across it? Why would a defensive coordinator have a QB #?
Zero2Cool (27-Apr) : He's not that great, but final piece of the script.\
Zero2Cool (27-Apr) : If we add Isaiah Simmons, book your Super Bowl tickets
Mucky Tundra (27-Apr) : Colts 1st round TE Tyler Warren also got prank called, was that Jax Ulbrich as well?
Zero2Cool (27-Apr) : Jax Ulbrich, Jeff Ulbrich’s son, released an apology for his role in the Shedeur Sanders prank call.
Martha Careful (27-Apr) : apparently he did not participate in practice or play on the east west shrine game nor the NFL combine. The kid was a mediocre spoiled brat
Mucky Tundra (27-Apr) : Yeah that one that was a super wounded duck that Sanders supporters are highlighting to prove a point
Zero2Cool (27-Apr) : Shough is the guy who missed guys at combine isn't he?
beast (27-Apr) : It's not official until I'm dead! I have a chance still! (Not really)
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