The Denver Broncos can't officially cut any player until Thursday evening, but they have already informed running back Correll Buckhalter that he will be released when that time period begins, according to Fox 31's Josina Anderson. She also reports that the team could re-sign him for less money.
Buckhalter was due $1.92 million in 2011 after a disappointing 2010 season. He had 59 rush attempts for 147 yards and two touchdowns in 15 games. He was used as a receiver out of the backfield, catching 28 passes for 240 yards and two touchdowns.
Buckhalter was part of a crew of running backs that included Laurence Maroney, LenDale White and Lance Ball as a way to prop up the running game (though in White's case he never saw any action) that faltered with Knowshon Moreno as the back.