Broncos cut TE Chris Manhertz to save $2.12 million
The Denver Broncos released tight end Chris Manhertz on Friday, according to the Denver Post‘s Parker Gabriel.
Manhertz was scheduled to have a base salary of $2.14 million in 2024 and a total salary cap hit of $3.245 million, according to OverTheCap.com. After releasing the tight end, the Broncos will take on a “dead money” cap hit of $1.125 million with a total net savings of $2.12 million.
The veteran tight end understood the team’s business decision.
“I’ve played long enough in this league to where whatever happens, it’s just business,” Manhertz told KUSA-TV’s Mike Klis. “Is it disappointing news? Sure. But it’s just business. You take it for what it is.”
Manhertz signed a two-year, $6 million contract with Denver last year. The team brought him in to contribute on special teams and block on offense. He caught just two passes for 16 yards in 2023.
Entering his tenth season in the NFL, the 31-year-old tight end will now seek his sixth team.
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