In the 2024 season, the Broncos had previously allocated limited financial resources to their tight end group, primarily relying on veteran Adam Trautman, who is under a two-year contract, and Greg Dulcich, a former third-round pick entering the final year of his deal. While there were high hopes for Dulcich to emerge as a key contributor, he has yet to fulfill that potential, prompting the Broncos to seek a more reliable option. Engram’s acquisition is aimed at addressing this gap, as the franchise looks to solidify its tight end production.
Understanding the Financial Commitment
Engram’s contract reflects a significant investment by the Broncos, who have guaranteed $16.5 million over the life of the deal. The majority of this guaranteed money is allocated for the current year, with an additional $5 million set to become fully guaranteed in 2026. This structure provides the Broncos with some flexibility; should they decide to part ways with Engram next season, they would incur a $5 million cap hit. However, offset clauses in the contract could mitigate some of that financial burden, depending on any subsequent contract Engram might secure with another team.
The Broncos are banking on Engram to deliver the stability they desperately need at the tight end position. His experience and skill set could provide a much-needed boost to the offense, especially as the team navigates the complexities of the upcoming season. While there is inherent risk in this investment, it appears to be a necessary gamble for a team in search of a dependable veteran presence.
Adam Trautman has served as a reliable, if unspectacular, option since joining the Broncos. Although he has not developed into the primary tight end the team envisioned, he possesses the capability to function effectively as a secondary option. Trautman’s contract contains no remaining guaranteed money, which gives the Broncos the flexibility to release him if they wish to free up cap space. Nevertheless, the decision to cut him is not straightforward, especially given the lack of proven alternatives on the roster.
As the Broncos move forward, they will be closely monitoring the development of their tight end group. The hope is that with Engram on board, the team can establish a more consistent and productive unit, ultimately enhancing their offensive output and competitiveness in the league.
