Broncos Trade Randy Gregory to 49ers, per Report

Denver was expected to release the pass rusher this week.

Instead of releasing Randy Gregory, the Broncos are trading the pass rusher to the 49ers, NFL Network’s Tom Pelissero reports. Denver will receive San Francisco’s sixth-round pick in 2024 in exchange for Gregory and a seventh-round pick in ’24.

Gregory, who signed a five-year contract in the 2022 offseason, was expected to be released earlier this week, as Denver intends to utilize younger players at the position. However, the 49ers jumped in to trade for Gregory, taking on the rest of Gregory’s contract.

This year, Gregory is due $14 million guaranteed and has a $16 million cap hit. After the season ends, Gregory has three years left on his deal, with no guaranteed money remaining.

In the end, Gregory played in just 10 games for Denver, totaling 21 tackles and three sacks. He played the first five seasons of his career with the Cowboys. 

This is a developing story. Check back for updates.