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Broncos sign veteran quarterback Austin Davis

Broncos found their veteran.

Jeff Hanisch-USA TODAY Sports

According to the Denver Broncos, they have signed veteran quarterback Austin Davis to serve as their third-string quarterback for the team.

Davis is entering his fifth year in the league and has some starting experience under his belt.

During his four seasons in the NFL, Davis has completed 236 of 378 passes(62.4%) for 2,548 yards, 13 touchdowns, and 12 interceptions He also has a career quarterback rating of 80.4. His best season came in 2014 when he started 8 games for the then St. Louis Rams. During that season he completed 180 of his 284 passes(63.4%) for 2,001 yards, 12 touchdowns, and 9 interceptions.

He spent the 2015 season with the Cleveland Browns but didn't have the same type of success as he did with the Rams. He started 2 games and had 1 touchdown and 3 interceptions.

Now he will likely be the Denver Broncos third string quarterback for the 2016 season. Trevor Siemian is your starter and rookie first-round pick Paxton Lynch is the likely backup/successor for the Broncos, and this leaves Davis to be the mentor and third-string quarterback for the team.

The Broncos had room for a third quarterback after released veteran quarterback Mark Sanchez earlier this afternoon who quickly signed with the Dallas Cowboys. The Cowboys were looking into Austin Davis to serve as the backup behind Dak Prescott while Tony Romo recovered from a broken bone in his back, but turned down the deal with the Cowboys because of the lack of guaranteed money. So basically the Broncos and Cowboys swapped veteran backup quarterbacks.

The Broncos roster now stands at 53, but with potential waiver claims coming in tomorrow and some potential veteran signing also coming down tomorrow, the roster could have a few more tweaks to it before the end of the weekend.