Jamaal Charles gets no guaranteed money from Broncos
The Denver Broncos signed former Kansas City Chiefs four-time Pro Bowler Jamaal Charles to a one-year contract on Tuesday. It’s a move that adds depth to the team’s running back group with C.J. Anderson and Devontae Booker.
The deal itself was said to be worth up to $3.8 million for one year.
The #Broncos have struck a deal with RB Jamaal Charles for 1 year, up to $3.75M, source said
— Ian Rapoport (@RapSheet) May 2, 2017
Interestingly enough, it now looks like Charles received absolutely no guaranteed money on the deal. This means the Broncos can simply decide to cut him loose without paying a single dime to the former All Pro.
Base value of #Broncos deal with Jamaal Charles is $1 million & it contains zero guaranteed money. https://t.co/XsjDZW5eUK
— Evan Silva (@evansilva) May 2, 2017
From 2012-14, Charles put up over 5,000 total yards with 39 touchdowns. While there’s little reason to believe he will return to that level of production, the Broncos are not risking much by signing the veteran.
