
Cutting Joe Mays creates at least $3.5 million in cash and cap space
Last March, the Broncos signed linebacker Joe Mays to a four-year, $12 million deal. A season later, they’ll pay him $500,000 to go away. Possibly. Per a source with knowledge of the contract, Mays exits with $500,000 in fully guaranteed base salary. But there’s a chance that $500,000 guarantee evaporated when Mays was suspended last…