$5.5 billion Franchise cut former Alabama cornerback on Christmas Day

The Denver Broncos released former Alabama cornerback to promote running back Blake Watson from the practice squad to the active roster.

Wallace appeared in the first 13 games of the season, starting in two of them, including a 41-32 win against the Cleveland Browns on December 2. He filled in for injured cornerback Riley Moss, but struggled against Browns quarterback Jameis Winston.

Since then, the former Alabama defensive back has been inactive for the last two games as Denver opted to utilize younger players, like rookie Kris Abrams-Draine, to substitute for Moss.

“It’s never an easy decision,” Broncos coach Sean Payton said of waiving Wallace. “Hopefully, we’ll see how it goes and we’re able to get him back (on the practice squad). Basically, you’re trying to protect your roster at certain positions. I would say with the way Kris Abrams-Draine, some of those guys have been really stepping up. And keeping a young player like Blake Watson that others are trying to – this is the time of the year when some of the teams that are out of it are maybe trying to improve looking to the future (by signing practice-squad players), so it’s always difficult.

“It’s roster management, though, and it’s har

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