Sources: Elvis Dumervil Released By Broncos
(DENVER) — According to sources, the Denver Broncos have released defensive end Elvis Dumervil on Friday afternoon.
The move came as a surprise after Dumervil took a paycut from 2013 salary. Dumervil’s salary was supposed to go from $12 million to $8 million, but the paperwork for the new deal was not filed with the league office by Friday’s 4 p.m. ET. deadline.
If Dumervil had been on the Broncos’ roster after the deadline, his $12 million salary would have become guaranteed for the 2013 season.
The Broncos received a fax of the restructured deal at 4:07 p.m. ET, but the team was forced to release him after the fax came late.
Dumervil signed a six-year, $61.5 million contract with the Broncos in 2010. He was second on the team last season with 11 sacks.
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