The good news is that with Russell Wilson gone and Box Nix selected as their quarterback of the future, the Denver Broncos can now formally begin their rebuild.
They aren’t anticipated to be competitive in 2024, which is bad news. The Broncos really have some of the longest odds of any club among the 32 teams that have recently been released by oddsmakers to make the playoffs this coming season.
The Broncos’ odds to make the playoffs next season are set at +790. If you translate those odds to implied probability, they have just an 11.24% chance of making the postseason for the first time since 2015.
To put that another way, you’d have to wager $1,500 on them to miss the playoffs to profit a measly $100 if they do end up failing to secure a playoff spot. The only team in the AFC with longer odds to make the postseason is the New England Patriots, whose odds sit at +920 for an implied probability of 9.8%.
Not only did the Broncos fail to make any significant offseason acquisitions to put themselves in a spot to win in 2024, but they also have to deal with one of the toughest schedules in the NFL. Based on projected win totals of their opponents, the Broncos have the eighth most difficult schedule in the NFL and the single most difficult in the AFC West.
This could be a long season for fans of the Broncos. The likely best-case scenario is Bo Nix proves himself as the quarterback of the future and Denver can start looking at the 2025 season in an optimistic light.
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