Malik Jackson to sign with Jaguars, Broncos release Vasquez

Like Julius Thomas before him, Malik Jackson is leaving Denver to sign with the Jacksonville Jaguars per multiple reports.

With Malik Jackson bound to Jacksonville, would mark second straight offseason Denver’s top UFA signs with Jaguars (Julius Thomas last year)

— Adam Schefter (@AdamSchefter) March 8, 2016

Mike Klis is reporting that Jackson is finalizing a deal that will make him the 4th highest paid defensive lineman in the NFL. Jackson was 5th on the Broncos top-ranked defense last year in sacks behind Von Miller, DeMarcus Ware, Derek Wolfe and Shaq Barrett.

If and when DL Malik Jackson does sign with Jacksonville, deal expected to come in at about $15 million per season, per source.

— Adam Schefter (@AdamSchefter) March 8, 2016

Reports have Jackson’s deal for 6 years in Jacksonville. 

The Broncos also released offensive lineman Louis Vasquez, saving nearly $7 million in cap space.

The #Broncos are releasing guard Louis Vasquez, source said. Clearly some space, as he was to hit at $6.75M.

— Ian Rapoport (@RapSheet) March 8, 2016

Keep checking our Broncos free agent tracker for updates.

UPDATE: Malik Jackson’s deal is reported to be six years, $90M with $42M guaranteed