The Broncos released Casey on Saturday, Aaron Wilson of the Baltimore Sun reports.

EDGE Analysis

Casey was active for three games this year but did not record any statistics. He was removed from the roster to open up a spot for Derek Wolfe, who is returning from a suspension.

Casey agreed to a one-year deal with the Broncos on Saturday. Casey was a disappointing and not particularly cheap free agent bust in Philadelphia, but the former Rice star has a lot of versatility both on offense and special teams, and he should provide cheap utility behind Owen Daniels and Virgil Green.

The Eagles have released Casey, the team's official site reports.The move leaves the Eagles with Brent Celek, Zach Ertz and Trey Burton at the tight end position for now, while Casey -- who caught just three passes for 59 yards and two TDs this past season -- will now look to catch on elsewhere as a depth TE.

No. 3 TE James Casey's $3.985 million base salary becomes guaranteed if he's on the Eagles' roster as of March 16. Casey only played 14 percent of Philly's 2013 offensive snaps, while Brent Celek handled 77 and Zach Ertz 41. Casey's role as a blocker did expand some down the stretch, but his price tag is awfully high for a theoretical third stringer. The Eagles may ask Casey to accept a sizable pay cut, or release him outright.

Eagles TE James Casey has a $3.99 million base salary in 2014. Casey saw limited playing time in an H-back role for the Eagles this season, finishing with just 168 offensive snaps. With both Zach Ertz and Brent Celek under contract in 2014, he'll likely need to take a pay cut to avoid being released. Casey will be no higher than the Eagles' No. 3 tight end if he returns.

Eagles H-back James Casey has played just eight snaps in the season's first three games. The Eagles handed Casey a three-year, $12 million contract with a $3.3 million signing bonus on the opening day of free agency. He's likely not going to see the field much unless one of Brent Celek or Zach Ertz gets injured.

James Casey didn't play until kneel-down time in Monday night's Week 1 win over the Redskins.

Eagles H-back James Casey (hamstring) resumed practicing Wednesday. Casey is expected to be a go for Monday night's opener against the Redskins. He'll play a specialist role behind starting tight end Brent Celek. Zach Ertz is the Eagles' "move" tight end.

Eagles H-back James Casey exited Thursday night's preseason finale with a hamstring injury and will not return. Casey has been battling injuries ever since he signed with the Eagles. He underwent a right knee scope in May but was cleared in time for camp. Entering Thursday night's exhibition, Casey had played just 45 snaps this preseason. Tight end once looked like a strength of the Eagles, but Casey is injured and rookie Zach Ertz has been battling a severe case of the drops. We'll consider Casey day-to-day. He's well off the fantasy radar.

James Casey did not get a single snap with the starters during last week's preseason opener. The first-team offense used more than one tight end on just six of their 21 plays. Brent Celek was in on all 21 of those plays, but stayed in to block on 11 of them and posted two catches for 10 yards. Rookie Zach Ertz was used as the "move" tight end, posting two catches for 10 yards as well. Casey is far off the fantasy radar.