Terrell Davis, who has played in just 17 of a possible 48 games since rushing for 2,008 yards in 1998, signed a restructured contract with the Denver Broncos on Wednesday.
The deal reportedly will save the team more than $4 million in salary-cap room next season.
Wednesday was the next-to-last day for teams to make cap room before free agency starts.
One of Davis’ former teammates, 35-year-old linebacker Bill Romanowski, found a new job with Oakland after being cut last week by the Broncos.
Arizona cut wide receiver Rob Moore, who missed the last two seasons with injuries.
Detroit released three veteran starters: linebacker Stephen Boyd, defensive end Tracy Scroggins and strong safety Kurt Schulz.
Green Bay waived middle linebacker Bernardo Harris, its leading tackler four of the last five seasons.
Defensive linemen Santana Dotson and John Thierry also were released.
