The Broncos have waived outside linebacker Jeff Holland and signed cornerback Rashard Causey, the team announced Sunday.
Holland had signed with the Broncos as an undrafted rookie from Auburn in 2018 and split time last year between the practice squad and active roster. It appeared Holland had an inside track to retain a 53-man roster spot this season with the departures of outside linebackers Shaquil Barrett (Buccaneers) and Shane Ray (Ravens) in free agency. But a strong early training camp performance from undrafted Broncos rookie Malik Reed — a 6-foot-2, 235-pound outside linebacker from Nevada — made Holland expendable.