The Denver Broncos announced Thursday that they have released veteran running back Willis McGahee.

McGahee, an 11th-year pro, spent the past two seasons with the Broncos and had 10 100-yard rushing games for Denver.

“It’s never easy to part ways with a veteran player who made so many positive contributions to our team and community,” Broncos Executive Vice President of Football Operations John Elway said on the team's website. “I appreciate all of the competitiveness, toughness and leadership Willis brought to the Broncos. He was an integral part of our team’s turnaround during the past two seasons, and I wish him the best as he continues his NFL career.”

In 130 career regular-season games, McGahee has compiled 8,097 rushing yards with 63 rushing touchdowns in addition to 202 receptions for 1,319 yards with five scores.

Denver still has seven running backs on its current roster, including Knowshon Moreno, rookie Montee Ball, C.J. Anderson, Lance Ball, Jacob Hester, Ronnie Hillman and Jeremiah Johnson.

McGahee was a first-round pick of the Buffalo Bills in 2003 out of the University of Miami.

Follow me on Twitter @TerryMc13

Terry McCormick covers the Titans for TitanInsider.com