Denver Broncos v Kansas City Chiefs

UPDATE: According to the Denver Post, Elvis Dumervil’s agent Marty Magid has said that the Denver Broncos have not responded to the restructuring proposal he gave them on Friday.

“Elvis has been working out, he’s healthy, he feels great,” Magid said. “He wants to stay with the Broncos. Right now, we’re waiting to hear back from them.”

This has lead to widespread speculation that Dumervil may be released or traded.

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Denver Broncos defensive end Elvis Dumervil is set to make $12 million next season, so it comes as no surprise that the team is looking to restructure his contract to a number that’s more cap friendly. What is surprising, is that Dumervil hasn’t closed the door on the idea.

“They informed us they want to do a restructure,” Magid said during a phone interview. “I’m not classifying this as a pay cut. I’m going ahead with this being a restructure. If we can meet on some common ground, there’s a potential we can get it done. If we can’t, they’ll have to make a decision. But we’re definitely in good faith going to try to negotiate this out.

“Elvis wants to return as a Bronco if it all possible, and that’s what we’re trying to do — make the client happy and try to appease the team.”

No matter how you slice it, the Broncos want to shrink that $12 million and Dumervil would rather keep that number, but it must be reassuring for Broncos fans that he hasn’t taken a “pay me or release me” stance.

In 16 games last season, the three time Pro Bowler had 32 tackles and 11.0 sacks.

Hat tip to the Denver Post for the quote.