Shortly after being officially released by the Bears on Saturday,  Kyle Fuller signed a one-year, nearly fully guaranteed contract to rejoin Vic Fangio, his defensive coordinator in Chicago. Photo by Robin Alam/Icon Sportswire

Broncos sign veteran cornerback Kyle Fuller to one-year, $9.5 million deal

Kyle Fuller is officially a member of the Denver Broncos.

The Chicago Bears released the veteran cornerback on Saturday, according to NFL Network's Tom Pelissero, and the Broncos quickly signed him to a one-year, $9.5 million deal.

Fuller will reunite with former Bears defensive coordinator Vic Fangio, who knows him very well, in Denver. 

The Bears initially tried to trade Fuller, but they found out quickly that teams weren't willing to take on his $20 million cap hit in 2021. Releasing Fuller saves Chicago $11 million, per Over The Cap.

The Bears couldn't afford to keep the two-time Pro Bowler this season with the signings of Andy Dalton and Allen Robinson. 

More must-reads:

TODAY'S BEST
Watch: Jamal Murray beats the Lakers again to win series
Watch: Jalen Williams takes over late to complete sweep for Thunder
Derrick White shines to give Celtics 3-1 series lead vs. Heat
Panthers advance by eliminating Florida rival Lightning
Stars tie series with another road win over Golden Knights
Travis Kelce inks record-setting contract extension with Chiefs
Timberwolves get brutal update on head coach's injury
Rich Paul details Suns' 'catastrophe' following their playoff elimination
Broncos GM explains why Bo Nix is more 'game-ready' than younger QBs
Insider says Giants’ interest in drafting a QB was a smokescreen
Week 11 NASCAR power rankings: Cup Series leader races to the top
LIV Golf continues to build momentum with record-setting week in Adelaide
MLB rankings: The five most disappointing free-agent signings
Five undrafted rookie free agents who should make a 53-man NFL roster
Brewers burned by controversial ninth-inning call vs. Rays
After landing marquee transfer, UConn HC has chance at three-peat
New Michigan HC Dusty May secures another impact transfer
Dodgers veteran reliever placed on injured list
Report: Celtics star might have dodged catastrophic injury
Report sheds light on Bengals, Tee Higgins contract talks