The Broncos had one of their most exciting seasons in recent history in 2012 but there are clearly a number of holes to fill.
The Broncos ranked No. 23 in total offense averaging just 152 yards per game.
The Broncos also need help on defense where they gave up over 24 points per game ranking them No. 24th in the league.
So who should the Broncos target?
Let me say this first and foremost, if the Broncos do sign former Colts quarterback Peyton Manning (pictured) it will change a number of targets for this team. Manning's skill set being vastly different from the Broncos' current starter Tim Tebow would dictate a new direction on the offensive side of the ball.
I have chosen to calculate the Broncos needs based on their current roster without Manning. This is simply because no one knows if Manning is healthy and as a result if he is truly a viable candidate.
All that being said, let's take a look at the five players the Broncos need to pursue the most.
The Denver Broncos have a young offensive line that seems to be improving. However, there is room for some improvement.
Left guard Zane Beadles struggled at times in 2012. He allowed seven sacks and was guilty of a number of penalties as well.
The Broncos don't need to give up on Beadles but they do need to look for some depth.
Mike Brisiel of the Houston Texans is a solid run blocking guard who can improve the run game. Brisiel is only 29 years old and can still get better.
Dennis Dixon may never be an NFL starting quarterback.
The Broncos don't need a starter though, they need a solid backup who can help mentor Tebow and step in only if needed.
Dixon would also allow the Broncos to maintain the same game plan, whether he or Tebow were in the game, as Dixon can be dangerous with his legs as well as his arm.
At just 27 Dixon can be a solid free-agent signing for Denver.
As a starter for the past seven seasons in San Diego Vincent Jackson has caught nearly 300 passes and 37 touchdowns.
Jackson is a Colorado native who was born and raised in Colorado Springs. He attended the University of Northern Colorado in Greeley.
Pairing up the 6'5", 230-pound Jackson with 6'3", 235-pound current Bronco Demaryius Thomas would make for an interesting lineup of big strong receivers.
Adding Vincent Jackson would give quarterback Tim Tebow two BIG targets in the passing game.
William Middleton is a good young cornerback who finished the 2012 season with 32 tackles and one interception while playing in backup duty for the struggling Jacksonville Jaguars.
The Broncos have eventual Hall of Famer Champ Bailey and Andre' Goodman currently on their roster but both are aging and Goodman struggled at times this past season.
Middleton shows potential and he's only 25 years old.
The Broncos definitely need to shore up their secondary.
Middleton isn't a big name but he may end up being a very good player.
The Broncos are in dire need of a veteran safety. Brian Dawkins struggled with a neck injury throughout 2012 and neck injuries are always areas of concern. (See Peyton Manning.)
David Bruton filled in for Dawkins admirably but is clearly in over his head.
Landry has missed 15 games in the past two seasons but when healthy he is one of the top safeties in the NFL.
A hard hitter with a nose for the ball, Landry needs a change of scenery.
Denver would be a great spot for him.