After a quiet first week of free agency, the Denver Broncos are starting to make some moves. On Tuesday, the Broncos acquired wide receiver Jaylen Waddle via trade from the Miami Dolphins, followed on Thursday by the signing of veteran safety Tycen Anderson, formerly of the Cincinnati Bengals.
It would be hyperbole to say that the floodgates have finally opened in Denver, although that’s kind of how it feels to fans who were puzzled by the team’s relative inactivity last week.
The moves continued on Thursday, with news that the Broncos restructured veteran offensive lineman Matt Peart’s contract. According to Spotrac, Peart signed a one-year, $2 million restructured deal with $755,000 guaranteed, reducing his pay by $1.5 million.
The move frees up $1.58 million on the Broncos’ salary cap.