P.J. Locke

Safety

Age: 27
Free Agency: 2026 (UFA)
Accrued Seasons: 4
  • 2024 Salary Cap Charge: $2,425,000 (0.94% of cap)
  • 2024 Cash Payout: $3,500,000 (1.29% of spending)
  • 2024 Cash to Cap Ratio: 1.44
  • Contract Value: $7,000,000 ($3,500,000 APY)
  • Fully Guaranteed Money: $3,245,000
  • Contract Ranking: 39/215 at S

Current Contract

(UFA, signed 2024)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated Signing BonusPer Game Roster BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
202427$1,245,000$1,000,000$255,000$1,245,000$2,425,0000.9%
202528$2,990,000$1,000,000$510,000$0$4,500,0001.7%
Total$4,235,000$2,000,000$765,000$1,245,000$6,925,000

Cash Flows

- fully earned money
- unearned or partially earned money
$3.5M
$7M
20242025
Cash Due$3,500,000$3,500,000
Running Cash$3,500,000$7,000,000
Career Earnings: $6,090,517
Career APY: $1,218,103
Potential Earnings: $10,789,235
Total Guarantees: $3,501,000
Largest Cash Payment: $3,500,000 (2024)
Largest Cap Number: $4,500,000 (2025)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
SteelersUDFATerminated20193$1,757,000$585,667$2,000$00.0%$0
BroncosPracticeExpired20191$136,000$136,000$0$16,00011.8%$16,000
BroncosSFATerminated20202$1,110,000$555,000$0$00.0%$0
BroncosPracticeRenegotiated20201$170,282$170,282$0$00.0%$0
BroncosPracticeElevated20201$142,800$142,800$0$00.0%$0
BroncosSFAExpired20202$1,390,000$695,000$0$1,318,23594.8%$659,118
BroncosERFAExpired20221$895,000$895,000$0$895,000100.0%$895,000
BroncosSFAExpired20231$1,400,000$1,400,000$254,000$1,560,000111.4%$1,560,000
BroncosUFAActive20242$7,000,000$3,500,000$3,245,000$2,255,00032.2%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Steelers0$2,000$0$00.0%$2,0000.0%
Broncos5$6,088,517$1,217,703$3,621,2350.0%$44,2820.0%

Season History

YearTeamBase SalaryProrated BonusPer Game Roster BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2019Broncos$136,000$0$0$0$16,0000.0%$16,000
2020Broncos$610,000$0$0$0$538,2350.3%$538,235
2021Broncos$780,000$0$0$0$780,0000.4%$780,000
2022Broncos$895,000$0$0$0$895,0000.4%$895,000
2023Broncos$1,010,000$254,000$136,000$0$1,392,0000.6%$1,560,000
2024Broncos$1,245,000$1,000,000$255,000$1,245,000$2,425,0000.9%$3,500,000
2025Broncos$2,990,000$1,000,000$510,000$0$4,500,0001.7%$3,500,000
Total$7,666,000$2,254,000$901,000$1,245,000$10,546,235$10,789,235
Dead Money History
TeamYearCap ChargeCash Paid
Steelers2019$666$2,000
Steelers2020$1,334$0
Broncos2020$44,282$44,282
Total$46,282$46,282

Statistics

YearGames PlayedGames InactiveSnapsTacklesNegative PlaysInterceptionsFumblesTD
InjuredHealthyDefenseSpecialSoloAssistSacksYardsTFLQB HitsPass Def.INTYardsForcedRec.Yards
202015000.6%78.4%1000000000000
202116003.8%75.4%1000010000000
202216109.7%66.1%7300101001000
2023121047.7%19.7%3320334235102000

Valuation Diamond

The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

OTC ValuationAPY
Regular$1,590,000$3,500,000
Injury Adjusted$1,964,422$3,281,250
test
OTC Valuation $2.6M $5.2M $7.8M $10.4M $13M APY $3.5M $7M $10.5M $14M $17.5M $4,414,000 $4,105,000

Weekly Valuation Trends

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.