Other notable cuts included free safety Rafael Bush, tackle Ryan Harris, running back Jeremiah Johnson, middle linebacker Mike Mohamed, cornerback Syd'Quan Thompson and quarterback Adam Weber.
Johnson was beaten out by former first-round pick Knowshon Moreno, who was one of the bigger surprises in camp after recovering from knee surgery that cut short his 2011 season.
"That was a tough decision, but Knowshon will probably make us a better football team," Elway said.
Overall, Elway said the cuts were tougher this year, "which is a good thing. That means you're getting better as a football team."
The Broncos also placed defensive end Jeremy Beal on season-ending injured reserve with a torn ligament in his left knee.
Weakside linebacker D.J. Williams (at least six games) and backup tight end Virgil Green (four games) were placed on the reserve/suspended list following failed drug tests. Williams' punishment could be extended following his recent conviction for driving while ability impaired.
Hanie came on strong halfway through camp but was up-and-down in the preseason games, where he completed 22 of 39 passes for 246 yards. He had one TD toss and one interception but was sacked nine times — an astonishing once per every 4.3 drop-backs — including five times Thursday night.
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