This won't be official until the new league year opens up next month - but according to this report, QB Joe Flacco, now formerly of the Ravens, has been traded to the Broncos for a "mid round" pick. https://bleacherreport.com/articles/2820664-joe-flacco-trade-reportedly-agreed-in-principle-between-broncos-ravens
The Broncos just traded a mid-round pick for a bridge quarterback that's worse than the bridge quarterback they already have on their roster.
Elway is insane.