Sep 14, 2020; Denver Broncos defensive end Jurrell Casey (99) in the fourth quarter against the Tennessee Titans at Empower Field at Mile High.  Isaiah J. Downing-USA TODAY Sports

The Broncos will release defensive tackle Jurrell Casey, as Adam Schefter of ESPN.com tweets. The move will clear $11.875M from the Broncos’ books and put the veteran on the open market.

Casey, 31, made the Pro Bowl every year from 2015-2019. And, from 2013-2019, the USC product had at least five sacks from the interior. His best work earned him a four-year, $60.4M extension from the Titans. Last offseason, the Broncos agreed to take on that contract. All it cost them (besides cash and cap flexibility) was a seventh-round pick.

Unfortunately for the Broncos, Casey’s first Denver season ended in September. Unable to return after a bicep tear, Casey finished out with just three appearances and a grand total of 14 tackles. It was his first season with less than 14 games played and his first ever sackless campaign.

There was no guaranteed money left on Casey’s deal, so the Broncos get to wipe the entirety of his remaining commitment from the books. Heading into Thursday, the Broncos had roughly $166M on the cap for 2021. Now, between this and the recent release of cornerback A.J. Bouye, they should have upwards of $35M to spend, depending on where the final cap number lands. For now, all we know is that the cap will be no lower than $180M, the agreed-upon floor for the coming year.

More must-reads:

TODAY'S BEST
Report: Liverpool FC, Feyenoord agree to terms for Arne Slot
Tyrese Haliburton hits game-winner as Pacers outlast Bucks
Kirk Cousins comments on Falcons' decision to draft QB Michael Penix Jr.
Rangers beat Capitals 3-1, take commanding 3-0 series lead
Darvin Ham explains why he will not bench D’Angelo Russell
Orioles stud prospect's first taste of majors doesn't last long
Pelicans' Zion Williamson could return during playoffs
Eagles move up in draft to select another DB 
Caleb Williams embracing lofty, historic goals with Bears
Braves 2B makes speedy recovery from fractured toe
Juwan Howard returning to NBA as Eastern Conference assistant
Zach Hyman runs playoff goal total to six in Oilers' Game 3 win over Kings
Bucks HC Doc Rivers shares alarming quote about Damian Lillard's injury
Clippers stars don't show up in ugly Game 3 loss as Mavericks take 2-1 lead
49ers GM has revealing comments on trade rumors involving team's star WRs
Giants use Day 2 of draft to bolster underrated defense
Backup goalie leads Canucks to win, 2-1 series lead over Predators
Colts trade up to take Pittsburgh OT in third round
Braves use explosive offense to beat Guardians in clash of MLB titans
Canucks goalie remains sidelined due to injury