Right before the free agency period hit, the Denver Broncos cut veteran cornerback Champ Bailey. Not long after the free agency period opened up on Tuesday night, the team upgraded in a huge way by signing New England Patriots CB Aqib Talib to a six-year, $57 million deal with $26 million guaranteed, according to Adam Schefter.
Filed to ESPN: Denver has reached agreement on a 6-year, $57M deal that includes $26M gtd with former Patriots CB Aqib Talib, per sources.
— Adam Schefter (@AdamSchefter) March 12, 2014
This move comes as one of the more shocking ones on the first day of NFL Free Agency for 2014, but it was certainly a move that had to be made by John Elway and the Broncos, especially given the loss of Bailey.
It was speculated the last few days that Talib would probably end up back with the Patriots, but the Broncos’ offer was obviously too much for the veteran defensive back who will now be spending time with his third NFL team. Prior to the Patriots stint, he was drafted by the Tampa Bay Buccaneers.
This is a huge upgrade for the Broncos defense as they look to chase the Super Bowl once again in 2014.