With the first wave of free agency complete, President of Football Operations/General Manager John Elway said he's excited about how the team has improved in recent days.

"We're excited about [how it] unfolded," Elway said in his first comments since free agency began March 18. "You never know. We still have to go win football games. But it was a good start for us this offseason with A.J. Bouye, trading for him at the corner position and then Jurrell Casey, trading for him at the defensive tackle position that we needed and steal a very, very good football player, a five-time Pro Bowler. For us to be able to trade a seventh-round pick for him, we felt very fortunate. We got Graham Glasgow inside, the guard/center from Detroit that has had a tremendous career so far. We look forward to him continuing that here. It's been a real good start for us. We're excited about where we are. Obviously, we've got a long way to go and we still have to win some football games, but we feel like we've gotten better as a football team."

Bouye and Casey joined the Broncos via a pair of trades for a fourth- and seventh-round pick, respectively. Glasgow, meanwhile, was the Broncos' first free-agent signing of 2020. The Broncos also reportedly agreed to terms with Melvin Gordon.

"Obviously we had two good backs in Royce Freeman and [Phillip] Lindsay," Elway said. "We know that [Lindsay] is a guy that's had a great year for us. I know there's people going, 'Why do you need another horse?' Well, when you have an opportunity for Melvin Gordon to come in here, we felt like it was an addition to the team. He's a guy that obviously has had a lot of success in this league. He's scored a lot of touchdowns and has caught the football a ton. So we feel like with him — with Melvin, as well as Phillip — that we've got a great one-two punch, and we'll only get better in the backfield."