Pending unrestricted free agent Wes Welker is seriously considering retirement after 12 seasons, according to Mike Garafolo. In 2014, Welker played only 27 snaps fewer than he did in 2013, but his production fell off signficantly - from 73 catches, 778 yards, and 10 touchdowns, to 49 catches, 464 yards, and two touchdowns.
Welker's ability to get open appeared to decline, and his targets dropped from 111 in 2013 to just 64 last season; the arrival and emergence of Emmanuel Sanders didn't help. The 33-year-old slot receiver has suffered numerous concussions over the years, including three documented ones during his two seasons in Denver.
In 2013, the former Patriots star signed a two-year, $12M free agent deal with the Broncos; his 2014 cap number was $7.65M. If Welker does decide to play in 2015, it would be somewhat surprising to see that happen in Denver, where 2014 second-rounder Cody Latimer is waiting in the wings. Then again, Welker would likely have to forego any guarantees and accept a low salaried, incentive-laden deal, so he would likely bear much of the financial risk.