First, the Broncos chose to part ways with last year's fifth-round pick, Audric Estime. It's a stunning turn of events for a player who was once considered to be a huge part of Denver's backfield, but things changed this season when the team drafted RJ Harvey and signed J.K. Dobbins.

The Broncos are crowded at cornerback with Pat Surtain, Riley Moss, Ja'Quan McMillian, first-round draft pick Jahdae Barron and second-year defensive back Kris Abrams-Draine, so it's not a surprise to see them part ways with Mathis.

The Denver Broncos have made their first notable move of the 2025 NFL Offseason, parting ways with a recent draft pick.

The Broncos announced their first seven transactions on Monday, waiving defensive back Micah Abraham, wide receiver Joaquin Davis, defensive tackle Michael Dwumfour, outside linebacker Andrew Farmer, tackle/guard Xavier Truss, guard Clay Webb and cornerback Joshua Pickett (with an injury settlement).

The Denver Broncos kicked off their initial roster cuts on Sunday by parting ways with five players: outside linebacker Andrew Farmer, undrafted wide receiver Joaquin Davis, cornerback Micah Abraham, UDFA defensive back Joshua Pickett and UDFA offensive lineman Clay Webb.

With the preseason finale in the books, the Denver Broncos have begun to trim their roster down to the final 53 players. The deadline to be at 53 players is on Tuesday, August 26, at 2 pm MDT.