Wednesday, February 26, 2003 - Slashing as much for today as tomorrow, the Broncos freed up more than $23 million against this year's salary cap and another $29 million-plus against next year's cap. To do it, Denver cut starting defensive tackle Chester McGlockton; starting defensive end Kavika Pittman; starting cornerback Denard Walker; backup defensive end Keith Washington; backup cornerback Jimmy Spencer; and backup offensive linemen Blake Brockermeyer and Lennie Friedman.
Cutting their losses - Rocky Mountain News - Lee Rasizer
February 26, 2003 - Denard Walker was attending class Tuesday when the news came down that the Denver Broncos officially planned to release him. It was fitting, considering the cornerback is in the process of attempting to earn his degree in kinesiology, which is the study of muscular movements in the human body. Walker's $4.166 million salary-cap figure and a $2 million bonus due him if he were on the Broncos roster March 1 were the factors that led this body to move, right toward another NFL club.
Despite cuts, Broncos still $7.8 million over - Rocky Mountain News - Lynn DeBruin
February 26, 2003 - While the Denver Broncos continued working Tuesday toward restructuring contracts for Ed McCaffrey and Terrell Davis, the ax fell on some other big names.
New deal for T.D. would help club - Rocky Mountain News - Lee Rasizer
February 26, 2003 - One final cutback by Terrell Davis might amount to a huge gain in the Denver Broncos' off-season plans. The club's all-time leading rusher and former league Most Valuable Player is on the verge of a restructured contract, according to an NFL source, that will allow him to continue rehabilitating his left knee and pursue a possible comeback, while giving the team $5.045 million in immediate salary-cap relief.
Broncos waive 7, including 3 starters - Daily Camera - Ryan Thorburn
February 26, 2003 - The Denver Broncos continue to walk the fine line between facing the financial future and holding on to the championship past. Tuesday, three days before the NFL's free-agent signing period begins, the team waived seven veteran players. Ed McCaffrey and Terrell Davis, however, were not among them.
Brandt's Combine notebook: Day six - NFL.com - Gil Brandt
Feb. 25, 2003 -- They started arriving Tuesday (Feb. 18), and they finished at 3:15 p.m. this past Monday (Feb. 24). This year's version of the National Football Scouting Combine is over, but not before the linebackers, cornerbacks and safeties all ran and worked out. Here's a look at how the last day shook out:
These five will be busy this offseason - ESPN.com- John Clayton
Tuesday, February 25 - Mike Shanahan, Broncos head coach and VP of Football Operations: He has to make the right call at quarterback. Brian Griese is expected to be cut in June, and the Broncos can't go too crazy bidding for Plummer. But Plummer -- if he is signed -- has to be the right quarterback to take them to the Super Bowl. He's going to unload veteran defenders Chester McGlockton, Denard Walker and Kavika Pittman, but he must find adequate replacements at those positions.
Few impact players available through free agency - ESPN.com- John Clayton
Tuesday, February 25 - For a month, general managers and coaches have stared at a potential free agent list that is unspectacular and could get worse by Thursday if other top free agents re-sign. Years of working in this system have made teams more efficient in re-signing their own top players. That's watered down the list of available free agents each March. The flipside is that the list of released players could end up being better than the free-agent crop. Teams aren't going crazy in free agency. Last year, roughly 30 players received contracts in excess of $3 million a year to move to different teams. This year might not be different even though there are more teams with cap room.