John Elway made it clear Case Keenum's reign as the Denver Broncos' starting quarterback was over after one year. Now it's official.
A month after agreeing to acquire Joe Flacco from Baltimore, the Broncos are reportedly worked a deal to trade 2018 starter Case Keenum, according to Mike Klis of 9News. Denver is sending Keenum and a seventh-round pick in 2020 to the Washington Redskins for a sixth-rounder in the same draft.
The Flacco and Keenum deals won't become official until the 2019 season officially begins Wednesday.
According to Klis, the Broncos restructured Keenum's contract as well. He writes:
"Perhaps, the most substantial aspect of the trade was the reworking of Keenum’s contract. He had a one-year salary for $18 million, with $7 million of that fully guaranteed.
"Rather than release Keenum and eat the $7 million, here’s what the Broncos did: They gave Keenum a $500,000 restructure bonus, plus agreed to pay $3.5 million of Keenum’s $7 million guarantee. Washington agreed to pay the other $3.5 million."
Trading Keenum confirms Flacco as the starter heading into OTAs and the draft in late April. Denver also has quarterbacks Kevin Hogan and Garrett Grayson on the roster and holds the 10th pick in next month's draft, which could produce another quarterback.
The Broncos signed Keenum to a two-year, $36-million deal last season to shore up a position that had become a liability after Peyton Manning retired. Keenum was coming off a great season in Minnesota, leading the Vikings to the NFC Championship game in January 2018.
He wasn't able to duplicate that success with the Broncos. He passed for 3,890 yards, 18 touchdowns and 15 interceptions. His numbers were impacted by the mid-season trade of Demaryius Thomas and a torn Achilles suffered by Emmanuel Sanders after the Broncos had won three in a row to get to 6-6.
Denver's offense struggled without Sanders, Thomas and injuries to the tight end corps.