More from Jason La Canfora on the Broncos not being done: (4:00pm ET)
Denver is not done adding players even after the addition of Welker, Terrance Knighton and Dominique Rodgers-Cromartie and the franchising of left tackle Ryan Clady.
They still want to address pass rusher and will release Elvis Dumervil if he does not take a reduced salary rather than pay him $12 million, with Connor Barwin, Dwight Freeney and Richard Seymour among the potential targets. They still could add depth in the secondary as well, according to a league source.
Due to the cap situation we'd mentioned earlier, it's not likely the Broncos could sign anyone else before the Dumervil situation is settled, or they've released another player or reworked another deal. Mike Klis's assessment of Denver's cap status would appear to agree with that sentiment. (4:00pm ET)
Updated 10:55pm ET
Champ Bailey has another new partner, and the Broncos continue to be active early in this year's free agency period. According to Adam Schefter, Denver agreed to terms with former Eagles corner Dominique Rodgers-Cromartie on a one-year deal.
For the seemingly ageless Bailey, there's never a dull offseason in Denver, whether it's the revolving door of defensive coordinators, or the constant swapping of cornerbacks across the field from him. To wit, he's played in Denver under Larry Coyer, Bob Slowik, Mike Nolan, Wink Martindale, Dennis Allen, and Jack Del Rio, while he's partnered with Kelly Herndon, Darrent Williams (RIP), Dre' Bly, Andre' Goodman, Perrish Cox, Tracy Porter, Chris Harris, and now Rodgers-Cromartie.
We've been suggesting for days - quite strongly - that Elvis Dumervil had no reason to accept the pay cut being demanded by the Broncos, and it's been our expectation all along that the two sides would be parting ways.
Dumervil is set to make $12M in 2013, and that salary becomes guaranteed if he's on the Denver roster come Saturday. Our assumption has been that the Broncos were looking to halve Elvis's salary, and that he could instead get around $10M per year on the open market.
Then, the market opened.
A pair updates of interest from Mike Klis:
1. There's been no progress between the Broncos and Elvis Dumervil; Klis thinks this could stretch until Friday, which is essentially Denver's deadline. Of course, now that PMFM & Co. will be posting 40+ per game, who needs defense?
2. Manning was among those to put in a recruiting call to Wes Welker, which had to be somewhat bittersweet for Peyton, assuming he's not a cyborg (big assumption). Welker figures to replace Brandon Stokley, who was part of the Duke reenactment of the 2009 AFC title game, hosted Manning for his first recruiting trip to Denver last year, and came out of retirement to join his buddy with the Broncos.
Updated 8:56pm ET
The Broncos defense will have 660 pounds of mass at its fulcrum (the literal one, not the figurative one that is Von Miller) this season, assuming Terrance Knighton is able to win a starting job next to Kevin Vickerson.
Knighton was selected by Jacksonville in the third round of the 2009 Draft (72nd overall) when Jack Del Rio was their head coach, and he played under Denver's current DC for two and a half seasons, until Del Rio was fired in 2011.
As first reported by Adam Schefter, five-time Pro Bowl slot receiver Wes Welker has agreed to terms with the Broncos.
And there it is: what many in New England thought wouldn't happen has. Wes Welker has left the Patriots. He's a Bronco.— Adam Schefter (@AdamSchefter) March 13, 2013
Updated 10:54pm ET
Bradley was a third-round pick by the Eagles in 2007, and started 28 games with them in 2008 and 2010.
He signed a five-year, $25M deal with Arizona in 2011, but never started any of the 32 games for which he dressed. He collected $10M of the deal over two years, and was released on March 1.
Looks like Bill Simmons may be getting into the news-breaking side of the business...
Filed to ESPN: Broncos in serious talks, trying to hammer out an agreement with Patriots WR Wes Welker. Decision expected today.— Adam Schefter (@AdamSchefter) March 13, 2013
Wouldn't portend well for Brandon Stokley's chances of returning, but the Broncos would be getting younger in the slot by about five years.
Updated 4:32pm ET
According to Mike Florio, the Broncos are among four teams currently in pursuit of former Eagles and Raiders corner Nnamdi Asomugha. Anyone care to imagine a secondary trio of Champ Bailey, Asomugha, and Chris Harris, with Tony Carter at the dime?
While the Denver media was busy assuming that Jason Hunter would be playing a larger role in the Broncos defense this year, they forgot he was an unrestricted free agent (we didn't). But the Raiders didn't, and they've signed Hunter, along with Bengals DT Pat Sims and Browns LB Kaluka Maiava.
Again, keep checking back - we'll update this page throughout the day and night. We'll largely stick with yesterday's format, but add a timestamp at the end of each team's line when it's updated. Stamping each item would be a bit cumbersome, so perhaps this is a good compromise.
Updated 8:03pm ET
According to Adam Schefter, the Broncos' deal with free agent defensive tackle Terrance Knighton is virtually done:
Broncos close to an agreement with Jacksonville free-agent DT Terrance Knighton, who wants to reunite with Denver DC Jack Del Rio.— Adam Schefter (@AdamSchefter) March 13, 2013
Whether the Broncos attempt to keep Justin Bannan at this point remains to be seen (they could still use him in their rotation), but one thing is for sure, Del Rio now has exactly what he likes--over 660 lbs. of nastiness clogging the line of scrimmage on first and second downs.
As our own Ted Bartlett indicated earlier in the night, the Broncos should still draft a DT this year, there's no doubt. This signing gives them a lot more flexibility as to when they pull the trigger.