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Broncos likely not to exercise option on LB Brandon Marshall

The Denver Broncos have notified linebacker Brandon Marshall that they are most likely not going to exercise his option and he will be a free agent on March 13, a source told ESPN's Adam Schefter.

Marshall had two years remaining on his contract, but he will count for only $4 million in dead money against the salary cap after the Broncos let him go.

The 29-year-old appeared in 11 games last season but compiled only 42 tackles and didn't have a sack or interception.

Last month, Marshall acknowledged that he wasn't sure what his Broncos future looked like after the team went 6-10 and missed the playoffs for the third straight season since their Super Bowl win in 2015.