The Denver Broncos are planning to release Pro Bowl safety Justin Simmons, as reported by Ian Rappoport of NFL Network.

"Justin Simmons' impact as a Denver Bronco extends far beyond his exceptional play during eight seasons with our organization," the Broncos said in a statement on Thursday.

"Justin will always be a Bronco, and we thank him for the outstanding manner in which he represented our organization on and off the field. We wish Justin, his wife Taryn, and their children Laney, Shae and Kyler the very best in the future."

Justin Simmons has been a staple in the Broncos' secondary since he got drafted by the team in 2016.

He became a two-time Pro Bowler and was named to his second Pro Bowl just this past season. Simmons has tallied 604 tackles, 64 passes defended, and 30 interceptions so far in his career.

He never made the playoffs with the team but still proved to be a pivotal player for them.

Simmons' release could clearly indicate the Broncos are looking to save money after the Russell Wilson calamity. Simmons was scheduled to have the fourth highest salary cap hit in 2023 at $18.25 million. And now with his release they'll save $14.5 million in cap.

That'll also leave a massive gap in the Broncos secondary that the team could likely fill in the draft or via free agency.

Justin Simmons highlights a very talented safety class that features players like Jamal Adams, Kevin Byard, Eddie Jackson, and Jordan Poyer.