Josh Reynolds has agreed to a two-year deal with the Denver Broncos worth up to $14 million. 

Reynolds caught 40 balls for 608 yards and five touchdowns last season with the Detroit Lions. 

The Denver Broncos have released Russell Wilson, something they needed to do before March 17 to avoid his $37 million salary becoming guaranteed for the 2025 season.

The Broncos designated the move as a post-June 1 release. Releasing Wilson carries an $85 million cap charge, which the team will spread over two years. They've opted to absorb $53 million in 2024 and $32 million in 2025.

Wilson has already agreed to join the Pittsburgh Steelers.

Russell Wilson plans to sign a one-year deal with the Pittsburgh Steelers, according to sources.

Wilson will sign for the veteran minimum of $1.2 million. The Denver Broncos, who will release the quarterback, will pay the rest of Wilson's $37.8 million salary while he plays for the Steelers.

With permission from the Broncos because he is still under contract until the start of the new league year on Wednesday, Wilson visited with Steelers officials in Pittsburgh on Friday.

The Denver Broncos have traded Jerry Jeudy to the Cleveland Browns for a fifth and sixth round pick in 2024.

The Browns also had interest in acquiring Jeudy last offseason.

Jeudy, who turns 25 next month, had 54 receptions for 758 yards and two touchdowns last season.

The Pittsburgh Steelers tentatively plan to meet with Russell Wilson ahead of free agency, according to a report.

The Denver Broncos have granted Wilson permission to speak with other teams ahead of his official release.

The report states that Wilson has interest in joining the Steelers.

The Denver Broncos have given soon-to-be-released Russell Wilson permission to immediately begin speaking and meeting with other teams, according to sources.

The Broncos announced Monday that they informed Wilson that he would be released after the 2024 league year begins March 13.

Denver went 11-19 in Wilson's starts over two seasons and failed to make the playoffs. 

The Broncos signed Wilson to a five-year, $242.6 million deal after his arrival in a blockbuster trade with the Seattle Seahawks in 2022. They will take on an $85 million hit in dead money over the next two seasons because of the release.

The Denver Broncos informed nine-time Pro Bowl quarterback Russell Wilson they plan to release him, a move that ends a tumultuous two-season run with the team.

"We spoke with Russell Wilson [Monday] to inform him of his release after the start of the league year [March 13, 4 p.m. ET],'' coach Sean Payton and general manager George Paton said in a joint statement. "Of behalf of the Broncos, we thank Russell for his contributions and dedication to our team and community while wishing him the best as he continues his career. As we move forward, we are focused on building the strongest team possible for the 2024 season and beyond. We are excited to improve this offseason and will have to the flexibility to get better through the draft and free agency.''