Broncos signed WR Andre Caldwell, formerly of the Bengals.
It’s a two-year deal, per Profootballtalk.com. Caldwell ran a 4.37 at 6-foot-1, 209 at the 2008 Combine, but he doesn’t play nearly that fast. His career yards-per-catch average is 9.5. In Denver, Caldwell figures to compete for third receiver duties and play on special teams. He is a willing blocker, and can play both the Z (flanker) and slot positions on offense. With Peyton Manning at the helm, it’s certainly not out of the question that Caldwell will come into 2012 fantasy value.