The Denver Broncos announced their intention earlier this week to release Randy Gregory. Luckily, they were able to find a trade partner for the defensive lineman.
The Broncos are trading Gregory to the San Francisco 49ers. Denver is packaging a 2024 7th-round pick along with Gregory to San Francisco. They are getting back a 2024 6th-round pick, according to Adam Schefter.
Comp update: Broncos are trading pass rusher Randy Gregory and a 2024 7th-round pick to the San Francisco 49ers for a 2024 6th-round pick, per sources.
— Adam Schefter (@AdamSchefter) October 6, 2023
Perhaps the best part about the trade for the Broncos is not the swap of late-round 2024 picks, but getting the 49ers to take on part of his contract.
Gregory was in the second year of the 5-year, $70 million contract he signed with Denver in March 2022. Gregory had 21 tackles and 3 sacks in 10 games for the Broncos.
Gregory now joins a defense that has allowed tied for the third-fewest points in the NFL this season. San Francisco is one of just two unbeaten teams left in the NFL.
