Denver Broncos Shockingly Cut $70 Million Free Agent Signing
The Denver Broncos’ season has not started well. After going all-in with the Russell Wilson trade and numerous significant free agent signings, the team is now 1-3.
The company is making efforts to attract younger employees.
The Broncos have released linebacker Randy Gregory, who signed a contract with them in 2022.
Randy Gregory was cut by the Denver Broncos.
Gregory committed to a five-year, $70 million deal in 2022.
A rumored last-minute deterioration in the relationship led Gregory to sign with the Broncos last season just as the talented linebacker was about to do so with the Cowboys.
He hasn’t played much on the field for the Broncos because of injuries.
He only participated in six games of the previous season due to a knee injury.
Although he did play in the first four games of this season, his impact was minimal.
In order to build for the future, the team ultimately decided to get younger.
Will He Find Another Home?
A team in need of a seasoned defender may find Gregory to be enticing.
He is currently a free agent, so it appears likely that a team will sign him.
Gregory gets to make a new decision regarding where he wants to play.
Since he can now sign a contract with a team outright, he should have more suitors than before because of his contract, which likely prevented a trade from happening.
The Denver Broncos’ release of Randy Gregory is a sobering realization that their plan to go all-in for a championship will fail.
This is most likely the first of many actions that will propel the team into the future as the team appears to be moving toward a rebuild.