Caleb Hanie Will Still Receive $250,000 Signing Bonus, According To Report

Caleb Hanie may never play a snap for the Denver Broncos, but will reportedly still receive the $250,000 signing bonus in his contract.

The backup quarterback was released before the Broncos' game with the Pittsburgh Steelers last weekend, a business move to ensure there was roster room if another position had to be filled for need or injury. It also meant the Broncos weren't on the hook for the $1 million Hanie signed for to be Peyton Manning's backup (again) this season.

However, team executive vice president John Elway still plans to give Hanie the $250,000 he would've been guaranteed for being active even one game, whether Hanie is active for that one game or not. He'll just need to not be cut before Monday's game.

Be sure to stay with SB Nation Denver for more news on Denver sports, and head over to Mile High Report for more Broncos coverage. Also visit SB Nation's NFL hub for more analysis from around the league.

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