Broncos waive WR Mike Woods off injured reserve with injury settlement

The Denver Broncos have waived wide receiver Mike Woods off injured reserve and resolved the matter with an injury settlement, according to the league’s daily transaction reporting. The move indicates the team is no longer retaining Woods under the injured reserve designation and instead is working through a common offseason roster-clearing path tied to injury status.

In the NFL, injured reserve is used to manage players who are unable to practice or play for a period of time. When a club waives a player off injured reserve with an injury settlement, it typically indicates that the team and player have reached an agreement around the injury timeline rather than keeping the player tied to the IR list for the full duration of the designation.

For the Broncos, the practical effect is a change in the receiver group available under the team’s immediate offseason roster management process. Waiving a player also creates a window for other teams to claim him, though injury-settlement scenarios can also result in the player returning to free agency if no claim is made.

Mike Woods’ designation in the transaction wire places the change in the context of NFL roster housekeeping rather than on-field performance decisions. At this point in the calendar, clubs commonly weigh depth needs, practice-squad and camp roles, and how injured players fit into offseason learning and participation plans.

What to watch next is whether another team adds Woods after the waiver period and whether Denver addresses the receiving rotation with other additions. Since the reporting describes an injury settlement rather than a player being retained on injured reserve, the key follow-up is Woods’ status after the waiver process closes and how the Broncos structure their receiver depth going into organized team activities and training camp.

The information here is limited to the transaction description, and it does not provide additional detail about Woods’ condition or any timeline for return. For readers tracking Denver’s roster construction, this move should be understood as a roster and injury-management decision that shapes availability more than it reflects a broader, public evaluation of Woods’ long-term fit.