Broncos trying to trade Mark Sanchez

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Trevor Siemian is the Week One starter at quarterback for the Broncos and Mark Sanchez could be on his way out of Denver.

PFT has learned, via a league source, that the Broncos are trying to trade the 2009 first-round pick now that they have settled on Siemian as their starter. Rookie Paxton Lynch is the other quarterback on the depth chart and is seen as the ultimate choice to start after Denver selected him in the first round this year.

Should they fail to move Sanchez in a trade, there’s a good chance that the Broncos will release Sanchez before Tuesday’s deadline to get to 75 players. Sanchez has $1 million of his $4.5 million base salary guaranteed, which means the team would save $3.5 million in both money and cap space if they did cut him loose.

If they don’t cut Sanchez before Week One, the entire salary will be guaranteed because Sanchez is a vested veteran and the Broncos will owe the Eagles the seventh-round pick they conditionally agreed to fork over in the trade for Sanchez. The Broncos might also be on the hook for the full $4.5 million if Sanchez were to get injured in Thursday’s preseason finale, so he might not get on the field even if the Broncos haven’t decided his fate before the cut to 75 takes place.