Broncos Waive QB Kyle Orton

The Broncos have waived veteran quarterback Kyle Orton, ESPN’s Adam Schefter reports.

Orton opened 2011 as the team’s starting quarterback, completing 58.7 percent of 155 pass attempts for 979 yards with eight touchdowns and seven interceptions, but was replaced by 2010 first-round pick Tim Tebow following the Broncos’ 1-4 start to the season.

Tebow is completing less than 45 percent of his pass attempts, but has seven touchdown passes, one interception and has added 388 rushing yards and three touchdowns as the Broncos have won three out of their last four to cobbled together a .500 after 10 games.

Orton is earning a $4.5 million base salary. With six weeks remaining in the season, any team that claims Orton would be claiming the $1.588 million in base salary remaining on his contract.

The Chiefs, Texans, and Bears, who lost their starting quarterbacks for the season, as well as the Dolphins, who attempted to trade for Orton in August, may an interest in claiming Orton. At 3-7, the Dolphins would have priority in the waiver order.

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