Taylor, 28, was taken with the No. 21 overall pick by the Browns back in 2011, but was one of the more notable roster cuts at the start of last season.
Cleveland wound up picked up Taylor’s fifth-year option and he was on roster first day of the league year, which fully guaranteed his base salary of $5.477 million. However, Taylor was reportedly dealing with knee issues that led to the Browns moving on.
The Broncos signed him to a contract in February before placing him on injured reserve back in August. However, Denver later released him from injured reserve a few days later.
In 2014, Taylor appeared in just five games and recorded 10 tackles and a pass defense for the Browns.