4:15pm: When speaking about the Gregory move, Payton said (via the Denver Gazette’s Chris Tomasson) the Broncos are still in the process of trying to find a trade partner. If no deal materializes, the release will go through in the next day or so. Notably, Payton added that Gregory did not, in fact, ask for his release upon learning that the Broncos will turn their attention to younger members of their edge rush group. In any event, he will soon find himself out of the Mile High City.
10:16am: The Broncos are admitting a mistake on Randy Gregory early. After benching the 2022 free agency pickup in Week 4, Denver is moving on. The team is releasing the veteran edge rusher, ESPN’s Adam Schefter reports.
This will tag the Broncos with a big dead-money hit. They had signed Gregory to a five-year, $69.5MM deal in free agency, finalizing a deal after Gregory talks with the Cowboys hit an 11th-hour snag. Denver intends to use its younger pass rushers under Sean Payton. The Broncos have now moved on from Gregory and Bradley Chubb in consecutive years.
Denver moved Gregory to the trade block this week, with 9News’ Mike Klis reporting the team had been trying to unload the talented but unreliable veteran. As a vested vet, Gregory will head straight to free agency. The former Cowboys second-round pick asked for his release Tuesday, per Klis, and Payton will grant the request after no trade buyers emerged.
Gregory, 30, had been a key part of GM George Paton‘s post-Von Miller edge rusher plan. A year after deploying a Chubb-Gregory setup at outside linebacker, the Broncos are rid of both. They dealt Chubb to the Dolphins at last year’s deadline, doing so while Gregory was out with a knee injury. While Gregory showed flashes as a pass rusher, his Broncos tenure featured the undependability his Cowboys run did. Gregory’s Broncos run ends with just three sacks.
The Cowboys thought they had a deal done with Gregory, but the oft-suspended Nebraska alum objected to language inserted into the contract. Denver made the initial Gregory offer in March 2022; the former Dallas starter said he would stay a Cowboy if the team matched the terms. Dallas did, but the disagreement on language led Gregory to Colorado. The Cowboys ended up doing fine after Gregory left, forming a dominant edge-rushing group that includes Dorance Armstrong — who re-signed shortly after Gregory’s defection — along with Dante Fowler and 2022 second-rounder Sam Williams.
Gregory came to Denver on the heels of a shoulder surgery, one that kept him out of training camp last year. A knee injury sidelined Gregory early in his first Broncos campaign, and while he returned late in the year, Gregory’s first season offered little in the way of production. Denver managed to field a top-10 defense largely without Gregory, though its pass rush took a hit after Chubb’s departure. The Broncos benched Gregory after giving up 70 points in Week 3, with the ninth-year veteran’s effort — particularly against the run — leading to the demotion.
While the Broncos remain fairly deep on the edge, two of their cogs here — Baron Browning and Frank Clark — are unavailable. Browning is on Denver’s reserve/PUP list due to an offseason knee injury, while Clark is working his way back from an abductor malady sustained in a recent practice. Browning is eligible to return this week, though it is uncertain if the third-year linebacker will be ready. Clark is hoping to come back for this week’s Jets matchup.
The Broncos benched Gregory for Nik Bonitto, a 2022 second-rounder. He and 2021 seventh-rounder Jonathon Cooper are the Broncos’ starting edges for the time being. The two teamed up on the pivotal Justin Fields fumble-six in Sunday’s comeback win. Bonitto, Denver’s top 2022 draft choice, registered 2.5 sacks against the Bears. The Cooper-Bonitto duo may generate some optimism, but the Broncos have taken a massive step back on defense. Vance Joseph‘s unit ranks last in points and yards allowed, with a historically bad Miami outing sounding alarm bells.
The Gregory chapter represents a misstep on the Broncos’ part. The team had hoped Gregory’s lower-mileage Cowboys run — thanks to four suspensions — would help lead to a late prime period. Instead, Gregory is gone after just 10 games with the team. The Broncos will eat $16.1MM in dead money as a result of the cut. Gregory’s Cowboys form, which produced six-sack seasons in 2018 and 2020, will undoubtedly lead to another chance elsewhere. Though, it is unlikely he will come close to the $14MM-per-year pact the Broncos authorized.
