The Denver Broncos made several moves in free agency on Saturday, starting with the release of veteran safety Renaldo Hill.
Hill will be turning 33 this year and was owed $5.5 million from the Broncos. Cutting him loose frees up some cap space for the team and will give the younger safeties on Denver's roster more reps in camp.
The team followed up by acquiring former Houston Texans wide receiver David Anderson, adding depth to an already deep receiving core. It is expected that Anderson will compete with the other young receivers on Denver's roster and earn a special teams position.
Lastly, the team officially agreed to terms with former Baltimore Ravens running back Willis McGahee. Assuming he passes his physical, McGahee will earn $9.5 million over a four year span.
Both Anderson and McGahee will be allowed to attended practices but neither may participate until the new league year begins on August 4th. Broncos' kicker Matt Prater, linebacker Wesley Woodyard and defensive tackle Ryan McBean are all in the same boat -- they may observe practice, but may not practice with the team until next Thursday.
In other news, Denver is making progress in their attempts to re-sign defensive tackle Marcus Thomas -- he will visit Dove Valley tomorrow and is expected to sign with the team. Fellow defensive tackle Ty Warren, a former New England Patriot, visited the Broncos today.
Stay tuned and be sure to 'Like' our Facebook page for up-to-the-minute updates on all the transactions that will be happening over the next few days.