Week 2: Broncos Wednesday Free Agent Watch

Denver Broncos owner Pat Bowlen reacts during a press conference at Broncos headquarters. Mandatory Credit: Ron Chenoy-US PRESSWIRE

Peyton Manning is a Denver Bronco and the effects of his signing are already starting to show. We already know that a couple of his former teammates, namely TE Jacob Tamme and C Jeff Saturday will be visiting Dove Valley shortly, but other visits are lining up as well. CB Tracy Porter and LB's Jameel McLain and Geno Atkins also made stops at Broncos Headquarters. The lull that Bronco fans have been restless over, is soon to be remedied.

UPDATE: 10:00 AM ET: Reports are that the Tebow chase is down to the Jets and Jag's. - Hat tip to homeymac

UPDATE: 10:18 AM ET: ESPN Milwaukee is reporting that the Packers interest in a Tebow trade scenario is legitimate

UPDATE: 11:02 AM ET: The NY Post is reporting that the Jets don't believe they are the favorites to land Tim Tebow. Apparently they do not wish to surrender a high draft pick.

UPDATE: 2:02 PM ET: DT Brodrick Bunkley signs with the Saints for 5-yrs, $25M

UPDATE 3:16 PM ET: Adam Schefter reporting there may be contractual issues that void the Tebow trade.

UPDATE 3:19 PM ET: Bengals sign RB BenJarvus Green-Ellis to a three-year contract.

UPDATE 3:39 PM ET: DE Mark Anderson signed a 4-year, $27.5M deal with the Bills including $8M guaranteed

UPDATE 5:04 PM ET: The Jaguars have jumped back in the mix for Tim Tebow as the Jets protest some of the QB's contract language. The circus continues

UPDATE 5:24 PM ET: Former Bengal WR Andre Caldwell is visiting Dove Valley today

UPDATE 8:04 PM ET: The Broncos didn't let Caldwell leave. They signed him to a 2-year deal

UPDATE 9:04 PM ET: CB William Gay, who visited the Broncos today, plans to decide between Denver, Arizona and the Titans. His best chance to start would likely be in Denver

In yesterday's press conference, Broncos CFO John Elway stated that it was his job to make sure his new Quarterback had all the tools to help deliver a championship back to Pat Bowlen and the city of Denver.

According to the Denver Post, the Broncos will be talking to Free Agent Quarterbacks Caleb Hanie and Billy Volek as possible back-ups to Peyton Manning.

But that's just the beginning of the story. The team has also expressed interest in CB William Gay and TE Matthew Mulligan. Joseph Addai has also been mentioned as speculation.

Meanwhile, the trade talks for Tim Tebow are escalating, with a 4 team melee that is sure to drive the young players value up. A bidding war for Tebow's services and marketability can only mean good things for the Broncos and maybe they can recoup a few of the 4 draft picks that Josh McDaniels spent on him.

Stay tuned for the latest updates.

Go Broncos!

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