After trading down out of the first round of the NFL draft, the Broncos had three picks in Rounds 2 and 3 on Friday night. They addressed their needs at defensive tackle (Derek Wolfe) and running back (Ronnie Hillman) and got a future quarterback and student for Peyton Manning (Brock Osweiler).
With the last four rounds, Denver still has some gaping holes and positions that need improvement if they want to make a serious playoff run, or even a Super Bowl bid, in the upcoming 2012-13 season.
With the release of Andre Goodman and an aging Champ Bailey, a cornerback is a must for the Broncos. Look for them to draft a guy like Chase Minnifield or Brandon Boykin to play with and learn from Bailey at the cornerback position.
Denver is also still in need of a solid wide receiver for their new Manning-driven offense. Joe Adams from Arkansas and Tommy Streeter from Miami would both be great fits with the Broncos and be able to immediately contribute at the wideout position.
With their four remaining picks, the Broncos could also look to boost their defensive line, special teams or, perhaps, select another running back to compete with Knowshown Moreno and their new draft pick Ronnie Hillman.
As Broncos fans know first hand, there are some real gems that can be found in the later rounds of the draft. Shannon Sharpe was selected at pick No. 192 in the seventh round of the 1990 NFL draft. Super Bowl and league MVP Terrell Davis was drafted in Round 6 in 1995 at pick 196.