However, a 1,000-yard season in 2017 wasn't enough to convince any franchise to absorb his $4.5 million salary. The Broncos were reportedly interested in parting ways with the veteran running back, who had two years remaining on his contract at $4.5 million per year.
The Broncos have Devontae Booker and D'Angelo Henderson in their backfield, but are expected to add a player in the draft.
As ESPN's Bill Barnwell noted, the path the Broncos took to get to this point with Anderson was rather interesting. With Denver likely unable to find another deal, they finally made a decision to cut him. He was the first running back to eclipse 1,000 yards in Denver since Knowshon Moreno. He took the spotlight during his second season as he rushed for 767 yards and eight touchdowns in the final eight games of the season.
According to multiple reports, the Broncos released Anderson on Monday morning. He also had 28 catches for 224 receiving yards.