Broncos 2026 Free Agency Tracker: Week 2 Signings & Moves

The Broncos have now signed an outside free agent and orchestrated a blockbuster trade.

Cincinnati Bengals safety Tycen Anderson (26) takes to the field for warm ups before facing Dallas Cowboys during Monday Night Football at AT&T Stadium on Monday, December 9, 2024. | Cara Owsley/The Enquirer / USA TODAY NETWORK via Imagn Images

The Denver Broncos opened up free agency by prioritizing their own free agents. It took over a week to make an outside move, which ended up being a blockbuster trade.

That was followed by Denver making its first outside free-agent signing. The floodgates may have opened.

Along the way, the Broncos have taken care of some housekeeping — tenders and short-term re-signings.

The Broncos are in good position talent-wise, with very few roster holes. We're talking about a team that was one Bo Nix injury away from the Super Bowl.

Still, the Broncos have to approach this free-agency period wisely, bringing back some of their own free agents and pursuing outside players who could provide modest upgrades.

The new league year kicked off on Wednesday, March 11. Perhaps it'll signal some movement from the Rocky Mountains.

This article serves as our Broncos free agency tracker, including everything from signings, re-signings, trades, losses, tenders, news, and rumors.

Signings

Tycen Anderson | S | Cincinnati Bengals

The Broncos finally signed an outside free agent a week-and-a-half into the new league year. Anderson brings safety depth and special teams production to the table for Denver.

Trades

The Broncos acquired wide receiver Jaylen Waddle via trade with the Miami Dolphins more than a week after free agency opened. The Broncos gave up three 2026 draft picks.

Broncos are trading for Miami WR Jaylen Waddle, per source.

Denver receives: Waddle and Dolphins’ 4th-round pick (11th in round) in this year’s draft.

Miami receives: Broncos’ 1st round pick (30th overall) along with their late 3rd and 4th round picks (30th in each round) in…

— Adam Schefter (@AdamSchefter) March 17, 2026

Losses

John Franklin-Myers | DL: Signed with Tennessee Titans

The Broncos lost Franklin-Myers, but that was expected. Tennessee gave him a three-year, $63 million deal.

As for the signings (err, re-signings, that is), let's start by listing the tenders.

P.J. Locke | S: Signed with the Dallas Cowboys

The Broncos lost Locke to a one-year, $5 million deal with the Cowboys, per Ian Rapoport.

Exclusive Rights Free Agents

DENVER, CO - JANUARY 17: Denver Broncos safety Devon Key (26) celebrates after covering a kickoff return in the second half against the Buffalo Bills in the AFC Divisional Round game at Empower Field at Mile High on January 17, 2026 in Denver, Colorado. | Dustin Bradford / IMAGO / Icon Sportswire

The Broncos have tendered (or plan to) the following players. Each one comes with a one-year salary of $1.075 million.

• Tyler Badie | RB
• Devon Key | S
• Dondrea Tillman | OLB

It was unclear at first, but the Broncos have also tendered defensive lineman Jordan Jackson. As expected, all four of Denver's exclusive rights free agents were tendered.

Restricted Free Agents

Jan 17, 2026; Denver, CO, USA; Denver Broncos cornerback Ja'quan McMillian (29) celebrates after intercepting a pass intended for Buffalo Bills wide receiver Brandin Cooks (not pictured) during overtime of an AFC Divisional Round playoff game at Empower Field at Mile High. | Ron Chenoy-Imagn Images

Despite having a handful of RFAs, the Broncos only tendered one.

• Ja'Quan McMillian | CB

McMillian's tender will pay him $5.81 million in 2026.

Re-Signings

August 9, 2025; Santa Clara, California, USA; Denver Broncos offensive tackle Alex Palczewski (63) after the game against the San Francisco 49ers at Levi's Stadium. | Kyle Terada-Imagn Images

• Alex Palczewski | OL: Two years, $9.5 million
• Justin Strnad | LB: Three years, $18 million
• Adam Trautman | TE: Three years, $18.5 million
• Sam Ehlinger | QB: One year, $2 million
• Nate Adkins | TE: One year, $1.1 million
• J.K. Dobbins | RB: Two years, $16 million (incentives up to $20M)
• Alex Singleton | LB: Two years, $15.5 million
• Lucas Krull | TE: One year, $1 million
• Matt Henningsen | DL: One year, 
• Adam Prentice | FB: One year, $1.215 million

• Jaleel McLaughlin | RB : One year

Releases

Dre Greenlaw | LB

The Broncos plan to release Greenlaw, designating him a post-June 1 cut. It'll free up $8 million in cap space, with $2.1 million dead in 2026.

Restructures

The Broncos restructured offensive guard Quinn Meinerz's contract, which freed up $11 million in salary-cap space. That came roughly 14 hours before legal tampering kicks off.

Rumors

Brian Baldinger reignited the A.J. Brown rumors, saying there is "interest there on both sides" between he and the Broncos. Brown is not a free agent, though. The Broncos would have to trade with the Philadelphia Eagles.

According to The Denver Gazette's Chris Tomasson, the Broncos were interested in San Francisco 49ers free-agent wide receiver Kendrick Bourne. A 30-year-old former undrafted free agent, Bourne is a nine-year NFL veteran.

Quarterback Jarrett Stidham has reportedly been the target of some trade calls to Broncos HQ. Time will tell if the Broncos ultimately trade their backup quarterback.

Sign up for our free Denver Broncos On SI newsletter, and get breaking Broncos news delivered to your inbox daily!