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Broncos release veteran quarterback Mark Sanchez

The writing was on the wall

Mark J. Rebilas-USA TODAY Sports

According to ESPN's Adam Schefter, the Denver Broncos have released veteran quarterback Mark Sanchez.

The Broncos acquired Sanchez from the Philidelphia Eagles earlier this winter for a conditional 7th round draft pick. Since Sanchez did not make the Broncos 53-man roster, they do not have to give up that pick.

This leaves second-year quarterback Trevor Siemian and Paxton Lynch as the only two quarterbacks on the roster. I'd expect the Broncos to sign a veteran like T.J. Yates in the coming days.

More on this story soon!