Englewood, Colo. • John Elway cut ties with his biggest draft bust Sunday when he waived quarterback Paxton Lynch less than 24 hours after including him on the Denver Broncos’ 53-man roster.
In another move, the Broncos placed safety Su’a Cravens on IR with an injured left knee and re-signed Isaiah McKenzie, the speedy returner/receiver who was among the team’s cuts a day earlier.
Lynch was jettisoned after the Broncos were awarded fellow third-year quarterback Kevin Hogan off waivers from Washington.
Elway said he and coach Vance Joseph “met with Paxton this morning and informed him that it’s best for everyone to make this move.