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John Elway cut ties with his biggest draft bust Sunday when he waived quarterback Paxton Lynch less than 24 hours after including him on the Denver Broncos' 53-man roster. In another move, the Broncos placed safety Su'a Cravens on IR with an injured left knee and re-signed Isaiah McKenzie, the speedy returner/receiver who was among the team's cuts a day earlier. Lynch was jettisoned after the Broncos were awarded fellow third-year quarterback Kevin Hogan off waivers from Washington.
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