The Broncos released Young on Thursday.
They used the 12th overall pick in last weekend’s draft to take Georgia running back Knowshon Moreno, and will have a half-dozen tailbacks competing for playing time.
The Broncos also have holdovers Peyton Hillis and Ryan Torian and free agents J.J. Arrington, Correll Buckhalter and LaMont Jordan.
Young played in 23 games, making 13 starts in two seasons in Denver. He ran 201 times for 1,032 yards and two touchdowns and caught 38 passes for 247 yards.
Young was beset by back and groin injuries last season and was one of seven Broncos tailbacks who ended up on injured reserve.
Source: http://sports.yahoo.com/nfl/news;_ylt=A ... &type=lgns