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Whether the Broncos choose to select a cornerback or safety first, they can use both.
Champ Bailey will be 35 years old next summer and while he is still playing at a high level, they'll need to find a replacement at some point. Tracy Porter has been somewhat of a disappointment; Tony Carter and Chris Harris have done an admirable job filling in, but the team needs more depth. Carter is a free agent at season's end, as well.
Jordan Poyer, CB, Oregon State
While the team would probably love to get its hands on Xavier Rhodes of Florida State or David Amerson of North Carolina State, they'd likely have to use their first round pick to do it.
Poyer has had a very good senior season at Oregon State, with three interceptions against Washington State. He has the size to play the position (6'0", 190 pounds) and would be a nice fit in Denver.
Desmond Trufant, CB, Washington
Trufant is an interesting player as he is projected to be taken anywhere between rounds one and three. He has been one of the best players on the Huskies defense this year and had a very big game in their upset of Stanford, making an interception that sealed the victory.
He has good size and is solid in man-to-man coverage.
In last year's Alamo Bowl he had a good game in what was otherwise a shootout. The quarterback he was up against? Robert Griffin III.
Matt Elam, S, Florida
Elam is only a junior, so it remains to be seen if he'll declare for the draft, but he has been a solid piece of what is a very good Florida Gators defense. On the season, he has 65 tackles and four interceptions. He is a fast player and has done well against quality SEC opponents, having big games this year against LSU and Texas A&M.
TJ McDonald, S, USC
McDonald has all the tools to be a great NFL safety. At 6'2", he is very athletic and versatile enough to play either free or strong safety. He is also a big hitter and has been in the lineup at USC since his sophomore year under the tutelage of Monte Kiffin, a man with 25 years of NFL experience.