Anderson was reportedly on the trade block this offseason and one report mentioned that he was nearly dealt to the Dolphins for RT Ja’Wuan James before Miami backed out of an agreement.
It will be interesting to see what kind of market develops for Anderson, given that we’re a few weeks away from the draft.
Anderson, 27, wound up signing on with the Broncos as an undrafted free agent out of Cal back in 2013. He signed a four-year, $18 million contract that included $10 million guaranteed with the Dolphins during the 2016 offseason but the Broncos matched the deal.
Anderson was set to make base salaries of $4.5 million over the next two years of the agreement.
According to OverTheCap.com, releasing Anderson will free up $4.5 million of available cap space while creating no dead money.
In 2017, Anderson appeared in all 16 games for the Broncos and rushed for 1,007 yards on 245 carries (4.1 YPC) to go along with 28 receptions for 224 yards receiving and four total touchdowns.