The minute Willis McGahee was released by Baltimore, reports surfaced that he wanted to join the Broncos.
Denver scanned the running back market, came up short in a bid for DeAngelo Williams, and decided to grant McGahee his wish.
A league source tells Florio — breaking news during PFT Live — that McGahee has agreed to a three-year, $7.5 million deal with $3 million guaranteed.
It’s a somewhat underwhelming pickup. McGahee remains a solid NFL player, but his best days are behind him. After all the talk this offseason that the Broncos didn’t trust Knowshon Moreno, we expected them to make a bolder move at running back.
It’s quite possible the team still brings in another decent veteran to the group. Between this move and getting caught bluffing on a possible Kyle Orton trade, the Elway-led Broncos front office may be using up much of the goodwill of their fans.