Broncos add WR Andre Caldwell, retain Woodyard

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ENGLEWOOD, Colo. – Just two days after signing quarterback Peyton Manning to a five-year deal, the Denver Broncos strengthened their wide receiver corps with the addition of free agent Andre Caldwell.

“Andre is a speed wide receiver who was very productive in the first part of his career with Cincinnati,” said team vice president John Elway Thursday. “He will add quality depth and competition to our roster, and we are happy to have him.”

Caldwell, 26, is in his fifth NFL season. He averaged nearly 38 receptions and 365 yards over the past three seasons with the Bengals.

“I don’t think I’ve reached my full potential. I have a long ways to go. I think it’ll happen in Denver,” Caldwell said.

Also Thursday, the Broncos agreed to terms with fifth-year linebacker and unrestricted free agent Wesley Woodyard.

Woodyard ranked second on the Broncos with 87 defensive tackles (60 solo) and finished first on the club with 10 special-teams stops in 2011.

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