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Broncos and former Georgia running back Terrell Davis has reportedly agreed to a restructuring of his contract. The Broncos also signed free agent and former Georgia wide receiver Corey Allen. Allen is a NFL Europe roster exemption.

The restructured contract saves the Broncos over $3 million in salary cap relief for the 2001 season. His 2001 base salary was decreased from $5.8 million to a guaranteed $2.25 million. Most of the money can be recouped through incentives.

One big clause in the contract guarantees that Davis will not be traded in the 2001 season. Denver currently has three top running backs including former Georgia tailback Olandis Gary.

Allen (6-1, 199 lbs.) was signed as an undrafted free agent by Atlanta in 1998 and was in camp with the Falcons in '98 and 1999 and played for Scotland in NFL Europe this past spring. He was also in camp with Washington in 2000. Allen played in 35 games (11 starts) for Georgia, catching 66 passes for 957 yards and five touchdowns in his career. Allen (4/4/76) is a native of Riverdale, Ga. and graduated from North Clayton HS. He was a consumer economics major at Georgia. His number will be 10.

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