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Amidst Rapid Changes in the Roster, Denver Broncos Bite $28,000,000 Bullet to ‘Sack’ $70M Randy Gregory

Published 10/04/2023, 9:10 PM EDT

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The Denver Broncos have recently taken some drastic measures. Currently, the Orange Crush holds a league record of 3-1. After suffering three consecutive losses, Russell Wilson‘s team finally secured a victory in their most recent Sunday matchup against the Chicago Bears, with a final score of 31-28.

The Broncos are set to face some formidable opponents in their upcoming games, including the New York Jets and the Kansas City Chiefs. As they are moving forward, the team, under the leadership of coach Sean Payton, made some tough decisions, including the release of their $70 million veteran wide receiver, Randy Gregory.

Randy Gregory will be available for the other 31 teams!

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When Randy Gregory signed a five-year, $70 million contract with $28 million fully guaranteed in March 2022, the Broncos had high hopes that the 30-year-old would emerge as an elite pass rusher. However, those hopes have now been dashed as the team is releasing Gregory, as reported on Wednesday.

USA Today via Reuters

Coach Sean Payton explained the decision, stating that it was made in the best interest of the team. The official announcement of the same is expected to be made within 24-48 hours if no trade partner emerges. Payton stated, “We just felt some of our younger players and where we’re going, it was best for our team.” Notably, Gregory did not request his release from the team; it was solely the decision of the Broncos.

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Back in 2022, the Dallas Cowboys had shown interest in signing Gregory, but the deal didn’t materialize, and he ultimately joined the Broncos. Now, there seem to be three potential destinations for the linebacker. One option is the Los Angeles Rams, who have opened up an opportunity for an edge rusher due to average performances by Michael Hoecht and Byron Young.

The edge rusher has been a topic of conversation this season, especially after the Chiefs drafted Felix Anudike-Uzomah. Hence, for the Red Team, Gregory can be there to fill in the position. Another suitable team could be the Baltimore Ravens, as several of their players have suffered injuries. Gregory could also join forces with Jadeveon Clowney and Kyle Van Noy to provide valuable depth to the team.

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In addition to the Gregory situation, the Broncos have made several other moves regarding their 53-man roster, bringing drastic changes to the team.

What are other important moves taken by the Broncos?

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The Denver Broncos have been active this week in terms of transactions. It all started on Tuesday when wide receiver Tre’Quan Smith was placed on the practice squad. The same day, the team waived a wide receiver named Michael Bandy in order to clear a spot on the 53-man roster. On Wednesday, the team waived cornerback, Essang Bassey.

via Imago

As a result of those moves, the Denver Broncos promoted Dwayne Washington out of the practice squad and placed Bandy on the practice squad. The Denver Broncos also made the corresponding return-to-practice designations for linebacker Baron Browning, as well as safety P. J. Locke, giving them a total of 21 days to return to active rosters.

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In addition, two more players are eligible to come off IR later this week: Cornerback K’Waun Williams (sprained ankle) and offensive lineman Alex Palczewski (hand). Hence, in the upcoming days of this week, there are likely to be some more transactions for the team. What do you think of the current changes for the team? Let us know in the comments.

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Written by:

Bhwya Sriya

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Bhwya Sriya is an NFL Writer at EssentiallySports. With a Master's degree in Journalism and Mass Communication from an esteemed university, Bhwya tries to amalgamate her love for sports with her creativity. Her interest in sports arose when Bhwya represented her district on a race track in school.
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Edited by:

Aazima Basharat