Buckhalter to be released; Broncos agree to terms w/ Auburn RB Mario Fannin, others

10:42am ET Tuesday - According to @NFLDraftInsider, the Broncos have agreed to terms with undrafted rookies RB Mario Fannin from Auburn, FB Patrick Hill from Miami, WR Mark Dell from Michigan State, Bryant Browning from Ohio State Browning has instead agreed to join the Rams, LB Nick Bellore of Central Michigan Bellore is going to the Jets, and DE Deron Mayo from Old Dominion, younger brother of Pats LB Jerod. According to @NEPatriotsDraft Denver has also signed WR Marshall Williams from Wake Forest, TE Justin Jones from Toledo, CB James Rogers from Michigan, and DT Colby Whitlock of Texas Tech. Rutgers CB Brandon Bing says he's also agreed to join the Broncos; so does Kansas DB Chris Harris. According to @Ethanhamm, Denver has also added OT Curt Porter out of Jacksonville State. (note: click player names for NFL.com and NFLDraftScout.com profiles)

According to Josina Anderson, the Broncos have informed RB Correll Buckhalter that he will be released. Buckhalter, who signed with Denver in February of 2009 as one of Josh McDaniels' first free-agent additions, was due to make $1.92 million this season. Buckhalter will still count $900,000 against the team's 2011 2012* salary cap due to the $1.8 million signing bonus the Broncos initially paid him, so this move will provide the Broncos $1.02 million $2.37M in cap relief. After a solid first season in Denver which included 882 yards from scrimmage and a TD, Buck was ineffective in 2010 with only 2.5 yards per rush and 387 total yards. The Broncos are expected to be in the market to add at least one veteran running back via free agency. (Thanks, SC)

* I wrote here the other day that the release of 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.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM

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