The Denver Broncos released defensive end Elvis Dumervil on Friday. Dumervil and Denver previously agreed to a reduce in the former all-pro's contract, however, the paperwork for the new deal was not filed with the league office in time, sources told ESPN.

Dumervil's 2013 salary of $12 million was set to be guaranteed at 4 p.m. ET, but he agreed to take a cut to $8 million. According to a source, both parties agreed upon a new deal at 3:25 p.m. ET. But the team did not receive a fax from Dumervil's agent until 4:06 p.m., so they had to release him, according to the source.

This all comes on the same day that Broncos team president refered to Dumervil's contract as "out of whack". Dumervil was previously signed to a six-year, $61.5 million contract in 2010 when Josh McDaniels was Denver's head coach and before Elway joined the Broncos front office.

Dumervil had 11 sacks last season, second on the team to Von Miller. Previous to signing his original contract, Dumervil led the league with 17 sacks in 2009.