Placed on reserve/PUP:

• LB Drew Sanders
• S Delarrin Turner-Yell

IR/designated for return:

• CB Damarri Mathis

Patrick and Perine trades did not come to fruition. Both veterans are heading to free agency. Patrick had been with the Broncos since joining their practice squad in 2017; only Garett Bolles has been on the team longer. But Denver has added several wide receivers under Sean Payton‘s watch. Patrick, a John Elway-era pickup who signed an extension under GM George Paton, became expendable for the younger talent. The 30-year-old wideout has recovered from the ACL and Achilles tears that prevented him from playing a down with Russell Wilson. Humphrey may well be a practice squad option, given his New Orleans past with Payton.

Perine, 28, has been connected to a Bengals return. The veteran backup/pass-down option can now sign anywhere he chooses. Perine set a career high in receiving yardage (455) during his one-and-done Broncos run; Denver’s dead money charge ($1.5MM) will likely be offset if/once Perine lands elsewhere.

Sanders sustained an Achilles tear this offseason. The 2023 third-round pick figures to be in the team’s plans for later this season, but he will miss time — at least four games, per the PUP designation — on his rehab trek. Mathis must also miss four games, having suffered a high ankle sprain. The third-year cornerback is slated to return at some point, and the Broncos are using an IR-return designation, dropping their number from eight to seven to start the season.

Burton was viewed as a safe bet to make the team, and while roster gymnastics — which are less useful now that this IR-return tweak is in the mix — could bring him back, he received word of a release. Burton is a nine-year vet who spent last season with the Broncos. Mustipher signed this offseason but was not viewed as a true contender for the center spot, which appears set to go to 2022 fifth-round pick Luke Wattenberg.

Many of these players figure to be brought back to Denver’s practice squad, which can be set beginning Wednesday. Sixteen players will fill out that unit.