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DENVER — As the NFL franchise tag window approaches, the Denver Broncos appear to have made a notable decision regarding the future of John Franklin-Myers. According to league sources, Denver is not expected to use the franchise tag on the veteran defensive end, despite his importance to one of the league’s top defensive units over the past two seasons. Franklin-Myers recorded 14.5 sacks combined during the 2024 and 2025 seasons, emerging as a steady edge presence in Denver’s pass rush rotation. His ability to generate consistent pressure off the edge played a significant role in the Broncos fielding one of the NFL’s most effective defenses in 2025. However, the primary reason behind the decision reportedly comes down to financial flexibility. The Broncos are projected to have roughly $28.8 million in cap space entering the offseason. Applying the franchise tag to an EDGE/defensive end — projected to cost between $20 million and $25 million for 2026 — would consume the majority of that space and significantly limit the team’s ability to address other roster needs. Team officials are believed to be prioritizing long-term roster balance over a short-term one-year tag commitment. With multiple areas requiring reinforcement — including offensive depth and additional defensive pieces — Denver appears unwilling to tie up such a large portion of its salary cap in a single tag. That does not mean the organization has closed the door on Franklin-Myers. A long-term extension remains a possibility if both sides can reach a financially sustainable agreement. Still, once free agency opens, Franklin-Myers is expected to draw serious interest from teams seeking proven pass-rush production. Choosing not to tag him may raise concerns among fans, but it reflects a broader strategic approach. In today’s NFL, cap management is as critical as on-field talent, and the Broncos seem intent on preserving flexibility as they build toward 2026. With the market set to open soon, Franklin-Myers could become one of the most sought-after defensive ends available. And Denver’s decision — rooted in financial pragmatism — may ultimately shape both his future and the long-term direction of the Broncos’ defense.