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Broncos to sign veteran cornerback Wallace days before NFL Draft

It's a one-year contract for Levi Wallace figures to compete with Riley Moss and Damarri Mathis at the cornerback spot opposite Pat Surtain II.

ENGLEWOOD, Colo. — The Denver Broncos are adding a cornerback from Alabama but it doesn't mean they'll be drinking the Kool-Aid.

Adding insurance three days before the NFL Draft, the Broncos have reached agreement on a one-year contract with veteran cornerback Levi Wallace, sources told 9NEWS.

The Broncos have the No. 12 overall pick in the NFL Draft that will commence Thursday and Terrion Arnold and Kool-Aid McKinstry, both from Alabama, are considered first-round candidates. 

Wallace, 29, signed with the Buffalo Bills as an undrafted rookie out of Alabama in 2018. He wound up starting seven games at right cornerback as a rookie, then started 45 more games the next three seasons for Buffalo at both outside corner spots.

A free agent after the 2021 season, Wallace received a two-year, $8 million contract from Pittsburgh, where he had four interceptions in 2022 and two more in 2023.

Wallace has had 12 interceptions the past five seasons.

With the Broncos, Wallace figures to compete with Riley Moss and Damarri Mathis at the cornerback spot opposite Pat Surtain II. The Broncos traded away a third-round pick from this year's draft to take Moss in the third round last year. He didn't play much as a rookie after undergoing abdominal surgery in training camp.

Mathis, a fourth-round pick in 2022, started as a rookie, but was benched in favor of veteran Fabian Moreau last season. Moreau is now a free agent.

Credit: AP Photo/Terrance Williams
Pittsburgh Steelers cornerback Levi Wallace on Saturday, Jan. 6, 2024, in Baltimore.

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Credit: AP Photo/Maria Lysaker
Levi Wallace warms up prior to an NFL football game against the Houston Texans, Sunday, Oct. 1, 2023.

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