Broncos just informed former Super-Bowl MVP Joe Flacco that he is being waived with a failed physical designation, per source.

Flacco now joins a group of free-agent QBs looking for work.

Joe Flacco missed the final eight games of the 2019 season due to a neck injury, commencing the Drew Lock era in Denver. A starting job may not be in the cards for Flacco, but could find work as a veteran backup for a team with a young signal-caller.

The Broncos have been exceedingly happy with how Noah Fant has fared as a blocker in the season's first half, and OC Rich Scangarello and quarterback Joe Flacco kept promising that the impact would come in the passing game. That day arrived Sunday, as the Broncos continued to search for a player or two to replace the production lost when receiver Emmanuel Sanders was traded to the San Francisco 49ers two weeks ago.

"Noah's a guy, you know, who's been up and down, but he's a young guy with talent," Broncos coach Vic Fangio said. "It's our job as coaches to develop talent ... nice to see him have a good day."

Fant has a franchise-record 23 receptions on the season and that should only go up from here after last week. On his 75-yard TD, he showed good precision on the route and ran through three tackles while showing the 4.5 40-yard speed that made him a first-round pick.

The Broncos are placing QB Joe Flacco on injured reserve with a neck injury, ending his season.

After initially hearing a timetable of 4-6 weeks, the Broncos are going to just let Flacco rest for the remainder of the season. His 2019 campaign is over. Brandon Allen will be the starter with Brett Rypien being called up from the practice squad to be Allen's backup. For fantasy purposes, it is not pretty in Denver now that Emmanuel Sanders is in San Francisco. Courtland Sutton is still around and perhaps we can see DaeSean Hamilton take the step forward that we hoped he would before the season started. But everyone takes a step back with the change in quarterback play, at least until we get a better feel for what Allen brings to the Broncos offense.