Signed in 2009 to a five year deal, Goodman will finish his Denver career with 109 tackles, 35 passes defended, seven interceptions, a sack and one defensive touchdown. As a starter, Goodman started 16 games in two of three seasons, only missing time in 2010 due to injury.
Over the past several seasons, Goodman's pass-defending abilities were clearly beginning to diminish. Goodman will turn 34 in August, and with the signing of former New Orleans Saints corner Tracy Porter, Goodman became an overpaid backup.
Denver will move forward with Bailey and Porter as the starters, with several players vying for the nickel and dime corner positions in camp. Chris Harris, who made a name as Denver's nickel corner as an undrafted rookie in 2011, should return to the same role in 2011.
Besides Harris, third-year players Cassius Vaughn and Syd'Quan Thompson will both fight for playing time at corner. Thompson is recovering from an ACL injury suffered in 2011, but flashed play-making ability when playing in nickel and dime packages as a rookie in 2010. Vaughn also missed time, but showed ability to play both as an inside and outside corner since seeing extended time in 22 games over the past two seasons.
Denver has the depth to move on without Goodman, and could use the cap space elsewhere for more pressing needs. Management may even decide to take a corner early on in the draft, leaving any questions at corner answered for seasons to come.