The Broncos reportedly had trade talks involving Hamilton. Denver was unable to finalize a deal and ultimately decided to waive him, saving $2.8 million in cap space. Hamilton was the odd man out in a loaded Broncos receiving group. The 26-year-old will most likely be claimed by another NFL team within the next few days. He caught 23-of-44 passes for 293 yards and two touchdowns across 16 games in 2020. Hamilton is 189th among all wideouts in the latest expert consensus rankings and is mainly a stash in dynasty leagues formats.