Broncos Transactions Update (9:15 AM MT)

Broncos players began arriving at the team's facility at 8 am (MT) this morning, the same start time allowing certain transactions to take place. A local Denver radio station, Sports Animal 1300AM, reported that quarterback Tim Tebow was the first player in the building this morning, no surprises there.

Meanwhile, Denver has placed quarterback Kyle Orton on the trading block. The team also just signed Minnesota quarterback Adam Weber, a four-year starter in college. That gives the Broncos four quarterbacks on the roster and the team is most likely taking calls for Orton. Reportedly, the Miami Dolphins are showing a lot of interest.

Orton is not the only player expected to be leaving Denver, Fox31's Josina Anderson is reporting that the team has informed running back Correll Buckhalter that he will be released. The team may re-sign him for less money, freeing up some much needed cap room.

As of now, the team has signed 13 undrafted college free agents (UDFA's) and have shown interested in several available running backs including Baltimore's Willis McGahee and Carolina's DeAngelo Williams. More UDFA signings are expected to be announced throughout the day.

Stay tuned and be sure to 'Like' our Facebook page for up-to-the-minute updates on all the transactions that will be happening today.