Broncos to waive Randy Gregory amid youth movement

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00:00 The Denver Broncos' hopes that Randy Gregory could become an elite pass rusher were dashed

00:07 Wednesday, as the team planned to release the outside linebacker, coach Sean Payton

00:11 confirmed.

00:13 "Something we felt was just best for our team right now, timing-wise," Payton said

00:19 Wednesday.

00:20 "It hasn't been finalized because typically, before a transaction takes place, there may

00:24 be some teams interested in a trade.

00:27 But if any, if that came to fruition, we just felt some of our younger players and where

00:34 we're going, it was best for our team," Gregory and his representatives had asked for his

00:38 release earlier this week, sources told to us.

00:43 Payton, general manager George Patton and owner or CEO Greg Penner discussed Gregory's

00:49 contract, his potential playing time, and his mindset, and decided that releasing him

00:54 was the way to go, sources told to us.

00:58 "This was something we made and decided," said Payton, who denied that Gregory had requested

01:04 the release.

01:07 Gregory, 30, signed a five-year, $70 million contract in March 2022.

01:13 His $14 million base salary this season and another $5 million next season are fully guaranteed,

01:20 according to the roster management system.

01:24 He was pulled from the starting lineup this past week versus the Chicago Bears and replaced

01:29 by second-year outside linebacker Nick Bonito.

01:34 Gregory played 33 snaps on Sunday and finished with three tackles and one quarterback hit.

01:39 He has just nine tackles in four games this season and one sack.

01:43 (upbeat music)

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