Denver Broncos safety Justin Simmons. Denny Medley-USA TODAY Sports

The Denver Broncos have moved on from another notable veteran.

Two-time Pro Bowl safety Justin Simmons was cut by the Broncos on Thursday. The team released a tribute video thanking Simmons for his eight seasons in Denver.

The move will save the Broncos $14.5 million against the salary cap in 2024. Denver will likely part ways with more high-priced veterans in the coming weeks, as they are now on the hook for a record sum of dead money after they released Russell Wilson.

Simmons, 30, was named to his second Pro Bowl last season. The former third-round pick has been named a second-team All-Pro four times in his career. He is widely viewed as one of the best safeties in football. Simmons drew some trade interest last season, so he should have no problem finding a new home.

Simmons finished with 70 total tackles, three interceptions, two forced fumbles and a sack in 2023. He has 30 interceptions in his career and has had at least three picks in each of his last six seasons, including a league-leading six in 2022.

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