Bailey, 35, met with Broncos general manager John Elway and head
coach John Fox on Wednesday at the team's headquarters and was told
that the club was ready to move on without him, the website
reported, citing a league source.
There was no discussion about reworking the final $10 million
remaining on his contract, the player said.
"It was like, 'We're ready to move on.' That was that," Bailey said,
according to the Denver Post. "A little surprising, but not really.
After all this time, it's tough when it ends."
That means Bailey, who has intercepted 52 passes in his career,
third most among active players, will hit the free-agent market for
the first time. He is coming off an injury-hit season in which he
appeared in five games, starting three.
[to top of second column]
Bailey played the last 10 seasons with the Broncos after his first
five NFL seasons with the Washington Redskins and reached the Super
Bowl for the first time last month, losing to the Seattle Seahawks.
The former first-round NFL Draft pick said he planned to continue
"I'm going to still play, absolutely," Bailey said. "I'm looking
forward to it."
(Reporting by Larry Fine in New York; editing by Frank Pingue)
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