Reynolds, 29, had joined the team on a two-year, $9 million contract this offseason to provide a veteran presence but struggled to make a lasting impact.
In five games before a finger injury and an October shooting incident sidelined him, Reynolds recorded 12 receptions for 183 yards and one touchdown.
While nearing a return, the Broncos opted to part ways, focusing instead on younger players as they reshape their receiving corps.
Per wrie, Broncos have waived WR Josh Reynolds. Team sticking with kid WRs. Reynolds to be paid $4.3M for 12 catches. He's been on IR (finger) since gm 5 vs Raiders. 12 days later Reynolds was victim in drive-by shooting. Deadline to activate was WED. Instead, waived. #9sports
— MikeKlis9NEWS (@mikeklis9news) December 3, 2024
Head coach Sean Payton and GM George Paton have emphasized the development of rookies like Marvin Mims, Devaughn Vele, and Troy Franklin, who have steadily taken on larger roles alongside veteran Courtland Sutton.
Mims has thrived in a versatile offensive role, while Vele has recently emerged as the team’s WR2. “The pecking order of the WR room has become more clear,” noted Broncos insider Cody Roark, reflecting on the shift toward youth in Denver’s offense.
The #Broncos have waived veteran WR Josh Reynolds.
— Tom Pelissero (@TomPelissero) December 3, 2024
While Reynolds' stint in Denver was short-lived, his experience and affordable remaining salary could attract interest from teams seeking depth.
The Detroit Lions, where Reynolds previously played alongside quarterback Jared Goff, may be a potential landing spot given their current receiver needs.
If Reynolds clears waivers, the Broncos could also re-sign him to their practice squad. For now, Denver continues to prioritize its long-term outlook, giving its young talent the chance to grow and take center stage.
Photo Credit: Nathan Ray Seebeck-Imagn Images
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