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Mark Sanchez Released by Denver Broncos, Signs with Dallas Cowboys

The Cowboys waste no time in hooking Sanchez, fresh off of a release from the Broncos.

One of the bigger preseason dilemmas has now been put to rest as the Denver Broncos have released veteran quarterback Mark Sanchez.

In a quick, whirlwind turnaround, Sanchez is now expected to sign with the Dallas Cowboys, filling a void left by the injury of starting quarterback Tony Romo.

This news comes just less than a week after the Broncos were actively trying to deal Sanchez to the Cowboys, who ultimately relented and still got their guy for a lower price. The window for completing a Sanchez trade was more or less closed as soon as the Minnesota Vikings coughed up a 1st-round pick and a future conditional pick to the Philadelphia Eagles in exchange for Sam Bradford.

Ultimately, the Broncos will be able to save at least $3.5 million of what they would have spent to keep Sanchez on the active roster in 2016, along with the seventh-round pick they sent to the Eagles in order to acquire Sanchez., with one open spot remaining on the final roster. the door is open for the Broncos to bring in a veteran quarterback to populate the quarterback depth chart alongside starter Trevor Siemian and rookie Paxton Lynch. In a Saturday press conference, John Elway indicated that the Broncos will indeed add a third quarterback, but will not reveal the identity of the player in question.

One possible candidate for the job would be T.J. Yates, who made his bones in the Kubiak system, ultimately starting and winning the first playoff game in Texans history.

We'll update the situation as we learn who more on this mystery quarterback.

UPDATE: The Broncos have signed QB Austin Davis.

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Will Keys is an Analyst for Mile High Huddle. You can find him on Twitter @WillKeys6.

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