The Broncos converted $10.5 million of Sutton's contract into a signing bonus Sunday to create $7.875 million in salary cap room, Field Yates of ESPN reports.
Sutton inked a four-year, $60.8 million extension with the Broncos in November, and it didn't take long for the team to rework the deal in order to create some cap space. The 26-year-old caught 58 of 98 targets for 776 yards and two touchdowns in 17 games last season, and his outlook for 2022 is on the rise because Denver will have a major upgrade at quarterback following the acquisition of Russell Wilson.