The Broncos have made a trio of moves this evening, releasing veteran safety Renaldo Hill after two seasons with the team and adding RB Willis McGahee and Colorado State alum and former Texans WR David Anderson. Hill had not been practicing with the team since the opening of training camp, with John Fox dubiously claiming the eleventh-year player was out due to dehydration on Thursday. Hill was due to make $2.4M with a cap number of $2.775M; he had been under contract through 2012 and will count for $750K against the 2012 cap*. He played and started in 31 of 32 games since being signed as a free agent by Denver before the 2009 season, amassing 98 tackles, two picks, and two forced fumbles.
* I wrote the other day that the release of Correll Buckhalter would accelerate the unamortized chunk ($900K) of his original signing bonus to hit the Broncos' 2011 cap, but that was not correct. All accelerated bonuses from this week and going forward will be charged to teams' 2012 caps. Probably should have figured this out before calling out the DP guys for their transgressions. Glass houses/stones, that whole thing. Anyway, I think I've got it all straight now.
8:05pm ET - The Broncos have announced the signing of WR David Anderson, formerly of the Houston Texans, via John Elway's Twitter feed. Anderson is a solid player, and he has a usually hilarious Twitter feed, which used to be named WhiteOut89. This seems like an addition to a position of strength, but in the Duke we trust. Well, not unconditionally, but let's see what else is brewing. (TB)
1:34pm ET - Andrew Mason is reporting that Tebow continues to struggle in training camp. Brady Quinn participated ahead of him in one team drill today. Is it fair to wonder if the Orton trade rumors affected him a lot more than Orton?
Keep checking back here through the day for mor Broncos rosterbation! But don't hesitate to give us your thoughts.
A few days into free agency, and I'm already feeling a little dirty inside.
I admit it. I was lusting for Brandon Mebane. Had myself a small man crush. Got a wee typsy on the YouTube highlights.
In fact, I got a little out of control, like the time I took off my top at the senior center and let the ladies from the bridge club do body shots off me--without their dentures. I stalked Mebane on Twitter for about 48 hours, along with some other deranged Seahawks, Rams, and (yes) Broncos fans. In the end, neither the power of the internet, nor Mebane's relatively cheap price ($25 million) was enough to bring him to Denver.
Was I Desperate? Absolutely. All I wanted for free agent X-Mas was my two front linemen to be names other than Vickerson or McBean. It could have easily happened at the price Mebane finally took from the Seahawks.
Cullen Jenkins is still out there on the market. Maybe I'll stalk him until he signs.
Nah, it's not worth it. If EFX is going to take a Wreckx-n-Effect approach to free agency, why bother getting too worked up?
Instead, I'll try and content myself with this lesson: the biggest free agent the Broncos brought in this year is Dennis Allen and his scheme.
Good Morning, Broncos fans! Mike Klis writes that Kyle Orton requested a trade following last season after correctly sensing the Broncos were leaning toward going with Tim Tebow. He also says the Dolphins and Orton were close to a renegotiated contract on Tuesday night before Miami got cold feet, and that the Broncos never submitted an offer to Miami as far as draft choice compensation goes. Klis writes that talks between the teams heated up again Wednesday but obviously failed, and he says the Broncos will not release Orton since they already paid him a $1.5M roster bonus and owe him $2.879M of his 2011 salary.
The Broncos have released RB Correll Buckhalter and TE Daniel Coats, and waived RB Mike McLaughlin. It was announced that Buckhalter would be let go on Monday, presumably for salary cap relief purposes; he was due to make $1.92M in salary and count for $2.37M against the salary cap. His release will provide the team with
$1.47M the full $2.37M* in cap relief and result in a 2012 cap hit of $900K.
According to Andrew Brandt of NFP, the Broncos paid Kyle Orton his 2011 roster bonus today, which was $1.5M and due to hit as of 4pm ET. Brandt goes on to say that the payout makes the Broncos less likely to trade Orton, who had been rumored as destined for Miami for several days.
Tim Tebow was also slated to receive a large chunk of change today - $6.275M according to the DP article that detailed his contract last year. That $6.275M is comprised of Tebow's entire 2011, 2012 and 2013 salaries, plus part of his 2014 salary, and was originally due on the 30th day of the league year. However, the new CBA rules stipulate that any contracted bonus scheduled to be paid within 50 days of the start of the 2011 league year be paid out at 4:01pm ET today, while any bonus scheduled for more than 50 days after the start of the league year will be paid on the eighth day of the league year, or Aug. 11.
UPDATE 1:57pm ET Saturday - McGahee and the Broncos have agreed to terms on a four-year deal reportedly worth between $9.5M and $10M pending the results of his physical.
Happy Friday, friends. We’re now a couple days into the free agency and trading period, and the Broncos haven’t done too much yet, except sign their own draft picks, trade Jabar Gaffney, and haggle with the Dolphins about the price for Kyle Orton. I’ve observed some angst about the pace of things in our comment threads and on Twitter, and I wanted to address that today.
I think most of us would agree that Defensive Tackle is the primary need area for the Broncos, and the good news is that not very much has happened there yet. It seems that the market for that position group is waiting for a big deal to pave the way for others to come, but the only two major agreements among the “big defensive linemen” group were with Barry Cofield and Stephen Bowen - both going to Washington - and neither was an outlandishly-priced contract for their production. It’s interesting with so many Eric Weddle Specials flying around, how none have hit this cohort.
To start out, I want to talk about “big defensive linemen” briefly, and what I mean by that. Simply, I mean that there are certain players who can play DT in an even front and DE in an odd front (especially one-gap versions) interchangeably. These tend to be guys who are in the 6-2 or 6-3, and 285-300 pound size range. Taller guys tend to specialize as DEs in 2-gap odd fronts, and stouter ones tend to strictly be Nose Tackles.
11:33pm ET - Armando Salguero writes that the Dolphins have not given up on the idea of dealing for Kyle Orton. Of course they haven't. (Thanks, Nick!)
10:20pm ET - FOX 26 Sports in Houston is reporting that Denver is among several teams interested in Texans FB Vonta Leach.
Good Morning, Broncos fans! Nothing brewing on the Kyle Orton-to-Miami talk, and Mike Klis says it continues to be a matter of Kyle and the Dolphins trying to work out a new contract. Hopefully Miami GM Jeff Ireland & Co. realize they're dealing with a new reality thanks to the rookie wage scale and eye-popping veteran contracts such as those signed by Kevin Kolb and Eric Weddle, among others.