Cullen Gillaspia

Denver traded veteran wide receiver Demaryius Thomas and a seventh-round pick to Houston for fourth- and seventh-round selections, ending a defining Broncos tenure. The move was emotionally significant even if the return was modest. Thomas was past his Denver peak, and the Broncos were transitioning away from the Super Bowl 50 core, so recovering mid-round value made practical sense. Houston received a respected veteran target, while Denver acknowledged that one of the franchise's great receiver eras had effectively closed.

Denver traded punter Riley Dixon to the Giants for a future seventh-round pick. This was a small special-teams asset conversion. The Giants got the clearer player value, while Denver received a modest draft chip.