P.J. Locke agrees to a $7 million deal with the Denver Broncos after the departure of Justin Simmons. Locke had a strong 2023 season, stepping up in the absence of Kareem Jackson. Denver is making moves to create salary cap flexibility, including restructuring Tim Patrick's contract and trading Jerry Jeudy.

Locke and Caden Sterns are likely to be the starting safeties for the Broncos in 2024, with Sterns recovering from a patella tendon injury. JL Skinner also aims to play a bigger role in the upcoming season.