Friday, July 29, 2011

Update: Broncos Haven't Yet Signed McGahee

Earlier today, ESPN NFL Insider Adam Schefter reported that the Denver Broncos had come to terms with former Ravens running back Willis McGahee.

The deal was repored as a 3-year deal for $7,500,000, including $3 million guaranteed. However, McGahee hasn't yet in fact signed with Denver.

The Broncos supposedly have a deal in place to sign McGahee, but a contract has not been signed, yet. It's a complicated situation that involves bad reporting, much of which is our fault.

We sincerely apologize for the premature report and will be more careful not to the jump the gun in the future. We do expect however that McGahee eventually will sign with the team, but nothing is official as of now.

McGahee has connections to the Broncos, specifically running back Eric Studesville who coached Willis McGahee during the peak of his career in Buffalo. He is expected to share time with Knowshon Moreno in Foxs' new offense.

The Broncos have been looking for another back to compliment Moreno in Denver's backfield, McGahee would be a solid addition. We'll keep you updated on the situation.

For the latest Broncos buzz, follow Broncos Zone on twitter (@broncoszone) and Garrett at (@broncomadness).


areferee said...

It depends on the condition of his wheels...

He will be 30 in October and his stats have steadily declined every year to 380 total yards last year on 100 carries.

$2.5M per year seems a little steep.

derrick j. said...

love the addition with magahee, he will do very well ... is Demaryius supposed to start?

Jon Heath said...

Derrick, Thomas may not be back from injury until mid-season.

Anonymous said...

He's solid, but I don't think we'll get three years of productivity out of him, and he'll hurt our cap in a couple of years.