Schon: Broncos Rumor Mill - UPDATED 10:20 MST

Jason Elam, the Denver Broncos most prolific scorer of all time, is officially a free agent, Pro Bowl safety John Lynch is more than likely headed elsewhere and the quest for a defensive tackle comes up short. Check it all out in today's Rumor Mill.

Thursday, Feb. 28, 2008

11:20 pm MST - The NFL's free agency period has officially begun and for the first time in fifteen-years the Denver Broncos are facing the prospect of taking the field without their most prolific scorer of all time, Jason Elam. Jack Reale, Elam's agent, spent a good amount of time trying to iron out some kind of deal on Thursday, but the two sides were still miles apart when the deadline came and went.

To make matters worse, two days of negotiations with Pro Bowl safety John Lynch have soured and it appears that he too may be seeking employment elsewhere.

The Broncos want Lynch to take a substantial paycut on the $3.12 million he's scheduled to make in 2008. It's unclear how steep a paycut the team is asking, but it's enough that Lynch decided he needed to sleep on it before making any decisions.

8:40 pm MST - Defensive End John Engelberger isn't headed anywhere soon - he and the team ironed out to a two-year contract extension earlier tonight. This leaves Denver with five unrestricted free agents remaining, most notably Jason Elam, although there is expected to be continuing negotiations throughout the night.

In addition to Elam, Broncos apparently headed for Free Agency include defensive end Ebenezer Ekuban, fullback Cecil Sapp, tight end Nate Jackson, and safety Nick Ferguson.

7:52 pm MST - From what I've been told, Broncos defensive back Domonique Foxworth will not be part of any potential trade this evening. The Broncos gave Foxworth a third-round tender on Thursday, which allows them to match any offer he may receive through Free Agency, or receive a third round pick should they choose to let him go.

The team is still trying to deal Javon Walker, but nothing is confirmed at this point.

6:39 pm MST - While the Broncos remain relatively quiet at this stage, there's plenty of action going on elsewhere. Here's some of the latest from around the league -

The Jets are making a big push for Panthers DT Kris Jenkins… Vikings are looking at backup quarterback Sage Rosenfelds, partly as an insurance policy in case Tarvaris Jackson struggles… Dallas locked up left tackle Flozell Adams with a six-year contract extension… St. Louis cut veteran receiver Issac Bruce, saving the team $5 million in salary cap space… Cleveland drops a restricted free agency tender on quarterback Derek Anderson, which could essentially amount to a one-year gig worth $2.56 million unless another team is willing to dish out a first and third round pick to the Browns as compensation and the Texans have locked up receiver Andre Davis for $16 million over four years… Don't forget to check out's Adam Caplan breaking down the bidding war for Bears receiver Bernard Berrian - this one's gonna heat up quick.

5:53 pm MST - Still no word yet on any significant Denver Broncos moves, but we'll be burning the midnight oil to keep you up to date on any and all moves as they happen. Check back often or hit F5 to refresh your browser for all the latest…

2:30 pm MST - It looks like there may be a kink in the three-way trade involving the Broncos, Jets and Lions. Apparently Bill Parcells and the Miami Dolphins have opened up trade talks for Shaun Rogers, which would negate any deal Denver was hoping to secure. More on this as it happens...

2:10 pm MST - Leave it to Al Davis to overpay for a defensive lineman - Raiders defensive tackle Tommy Kelly has inked a new $50 million deal with $18 million in guarantees. The new contract makes Kelly the highest-paid defensive tackle in NFL history and opens a huge can of worms for teams like Denver, hoping to land a reasonably priced big guy after the start of free agency.

2:00 pm MST - Word out of Chicago indicates that the Bears are frantically trying to unload backup QB Brian Griese to avoid paying him a $300,000 roster bonus due March 4. Unbelievably, nobody in Denver seems too broken up about this...

11:57 am MST - It looks like there might be a three-way trade in the works with the Broncos, New York and Detroit. The deal at this point would send Detroit defensive tackle Shaun Rogers to New York, Jets defensive tackle Dewayne Robertson to the Broncos, and Denver cornerback Dominique Foxworth and a second-round pick to the Lions. Stay tuned throughout the day for more info as it happens.

Wednesday, Feb. 27, 2008

Javon Walker - Color him gone… Whining doesn't sit well with Shanahan and for some reason Walker‘s still under the impression he‘s one of the best in the league. Tampa Bay and Dallas expressed some interest, but it's a huge risk for a guy that may not even be able to pass the physical. My money says Shanny dumps him 2 ½ seconds after Free Agency begins…

Jason Elam - The best placekicker in Broncos history is dangerously close to testing the waters, but I've got to believe they'll wrap something up on Thursday. Shanahan would have to be brain-dead to let this one slip, but stranger things have happened. If Elam does hit the market, buyers are going to have to wait to finalize anything, the fifteen-year vet is scheduled to leave this weekend for Israel, where he'll be part of a Holy Land group along with Broncos center Tom Nalen, and former linemen Matt Lepsis and Dan Neil.

DE Ebenezer Ekuban - Another candidate for a last minute deal, but according to agent Drew Rosenhaus all signs lead to free agency. "We'll stay in touch with the Broncos," Rosenhaus told reporters. In other words, the agent is trying to cash in but he's leaving his options open for the moment.

FB Cecil Sapp - Say goodbye… KC and Miami have shown some interest, but it's unlikely he'll be taken quick. Denver may take another look at him if he's still available down the road, but chances are his days in Denver are done.

Shaun Rogers - despite earlier indications that the Broncos were the frontrunners for the Detroit Lions two time defensive tackle, sources claim there's still plenty of teams making their pitch and while a deal is eminent, no one's got this one wrapped just yet. The Dolphins, Falcons, Saints and Buccaneers are a song those still dancing with Lions GM Matt Millen.

The Broncos have tendered offers on CB Domonique Foxworth, CB Karl Paymah and S Hamza Abdullah as restricted free agents. This gives Denver the right of refusal if another team attempts to sign them and it also give the team draft compensation if any of them leave.

The powers that be have also done a little contract tweaking, converting Brandon Stokley's $5 million roster bonus into a signing bonus, allowing the team to prorated the bonus over the next three years and freeing up $3 million in cap space.

Kansas City Chiefs receiver Eddie Kennison has officially been cut. Kennison, you may remember, was once a member of the Broncos, actually playing in eight games of the 2001 season before quitting the team the night before a game. Good luck in your next endeavor Eddie…. Denver sends it‘s best wishes.

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