Jaylen Waddle, WR (DEN)

Opens up cap space

Waddle agreed to terms Tuesday on a restructured contract with the Broncos that converts $15.4 million of his 2026 option bonus into a signing bonus, Aaron Wilson of KPRC 2 Houston reports.

Waddle's restructure opens up significant cap space for Denver. The Broncos acquired Waddle from Miami on March 17, and the 27-year-old wideout's explosiveness and athleticism should make him a dangerous 1-2 downfield punch alongside Courtland Sutton for quarterback Bo Nix in 2026. Head coach Sean Payton has praised Waddle's "grit" and "high, high [competitiveness]," as Andrew Mason of 104.3 The Fan reports.

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Pat Bryant

Pat Bryant

WR DEN

Spent offseason with training staff

Bryant said Friday that he spent almost the entire offseason in Denver rehabbing his hamstring injury and working with the training staff, Parker Gabriel of the Denver Post reports.

Bo Nix

Bo Nix

QB DEN

Has clean-up procedure on ankle

During his scheduled re-check last week, Nix underwent what Ian Rapoport of NFL Network describes as a successful and anticipated follow-up clean-up procedure on his ankle.

Tyler Onyedim

DL DEN

Lands with Denver

The Broncos selected Onyedim in the third round of the 2026 NFL Draft, 66th overall.

J.K. Dobbins

J.K. Dobbins

RB DEN

Prioritized in free agency

Broncos coach Sean Payton said last week that Dobbins was "a priority ahead of all others" this offseason, Zac Stevens of TheDNVR.com reports.

Bo Nix

Bo Nix

QB DEN

Ahead of schedule, per team owner

Broncos owner Greg Penner said Monday that Nix is "ahead of schedule" in his recovery from right ankle surgery, Chris Tomasson of The Denver Gazette reports.

Joined in WR corps by Waddle

The Broncos have officially announced their trade with the Dolphins for Jaylen Waddle, Aric DiLalla of the team's official site reports, a move that bolsters the team's wideout corps, which Sutton led last season.

Jaylen Waddle

Jaylen Waddle

WR DEN

Dealt to Denver

The Broncos are trading the No. 30 overall pick in the 2026 NFL Draft as well as third- and fourth-round picks in exchange for Waddle (ribs) and a fourth-round pick, Adam Schefter of ESPN reports.