By Dexter Foley
San Fransisco 49ers News
The Denver Broncos Have traded veteran pass rusher Randy Gregory to the San Francisco 49ers, the team confirmed on Friday. The Broncos will also send San Francisco a 2024 seventh-round pick and receive a 2024 sixth-round pick in return.
Gregory’s trade to San Francisco comes days after it was reported Denver was waiving him, but the team never formally released the 30-year-old.
Cutting Gregory was “Something we felt was just best for our team right now timing-wise,” said head coach Sean Payton
Gregory signed a five-year, $70 million contract with Denver last offseason. He received $14 million guaranteed last year and another $14 million guaranteed this year on his 2023 base salary.
The Broncos didn’t exactly see a high return on investment there, as he played 10 games and had only three sacks over two seasons. The Broncos will pay Gregory $10 million for the rest of this season, he will reportedly get the veteran minimum of $840,000 from San Francisco through the end of the year