Update: Broncos look to sign Osweiler, per report; no deal done yet

Sep 2, 2017, 3:20 PM Updated: 3:33 pm

DENVER, CO - JANUARY 24: Quarterback Brock Osweiler #17 of the Denver Broncos warms up before the AFC Championship game against the New England Patriots at Sports Authority Field at Mile High on January 24, 2016 in Denver, Colorado. The Broncos defeated the Patriots 20-18. (Photo by Christian Petersen/Getty Images)

(Photo by Christian Petersen/Getty Images)

UPDATE (3:24 p.m.) — ESPN NFL Insider Adam Schefter reports that the Denver Broncos are interested in bringing back former second-round pick Brock Osweiler but no deal has been completed yet.

Denver is interested in former Browns QB Brock Osweiler, but there is no deal yet. Broncos hope to sign him; still details to work out.

— Adam Schefter (@AdamSchefter) September 2, 2017

The Denver Broncos will bring back former second-round pick Brock Osweiler, according to reports.

Mary Kay Cabot, Browns beat writer for Cleveland.com, reports that Osweiler will join forces once again with John Elway and the Broncos after being released by the Cleveland Browns this week.

Can confirm the #Broncos are signing former #Browns quarterback Brock Osweiler. It will provide a little break on the $16M guarantee

— Mary Kay Cabot (@MaryKayCabot) September 2, 2017

Osweiler signed with the Houston Texans during the 2016 offseason but was traded in March along with the club’s sixth-round pick this season and a second-round pick in 2018 in exchange for the Browns 2017 fourth-round compensatory pick.

The fifth-year quarterback started 14 games last season for the Texans before being benched in favor of backup Tom Savage, whom the team recently named its 2017 starter.

The previous season, Osweiler played a key role on the Broncos road to a Super Bowl 50 victory, starting seven games in relief of a sidelined Peyton Manning.

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