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Broncos trade LB Randy Gregory to 49ers

The Denver Broncos are trading veteran pass rusher Randy Gregory to the San Francisco 49ers, the team confirmed on Friday.

Trade details ud83dudc47 pic.twitter.com/04GMVvbxS7

— San Francisco 49ers (@49ers) October 6, 2023

As part of the transaction, the Broncos will also send San Francisco a 2024 seventh-round pick and receive a 2024 sixth-round pick in return.

Gregory's trade to San Francisco comes days after it was reported Denver was waiving him, but the team never formally released the 30-year-old.

Cutting Gregory was "Something we felt was just best for our team right now timing-wise,'' head coach Sean Payton said Payton said via ESPN Wednesday.