The Daiyan Henley trade has fallen through, and the Denver Broncos won't be trading two draft picks to the Los Angeles Chargers after all.
After originally agreeing to trade a fourth-round draft pick in 2027 and a fifth-round draft pick in 2028 to L.A. in exchange for Henley on Tuesday, Denver announced on Wednesday that the deal will not be completed. The Broncos did not reveal the reason, but the trade had been waiting to become official until after Henley's physical.
Denver now keeps the fourth- and fifth-round picks that they had originally agreed to trade. The Broncos also get back the $1.83 million that they would have owed on Henley's remaining contract this season.
Denver now also has an open roster spot after creating a spot for Henley
on Tuesday. After agreeing to a deal with the Chargers, the Broncos waived cornerback Sean Fresch to make room for Henley on the 53-man roster. Fresch cleared waivers on Wednesday afternoon and is now a free agent. Fresch was expected to be re-signed to the practice squad, but after the Henley trade failed, Fresch might be a candidate to now return on the active roster instead.
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This article originally appeared on Broncos Wire: Broncos get back draft picks, cap space and roster spot after failed Daiyan Henley trade
