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If Amendola re-signs with the Rams or lands somewhere else, another option for Denver would be Austin Collie, a fifth-year receiver who was released by the Indianapolis Colts earlier this week. Collie (6', 204 pounds) emerged as one of Manning's top targets during Peyton's final seasons in Indianapolis.
The Broncos have witnessed first-hand what Collie is capable of; he caught 15 passes for 210 yards (14.0 yards per catch) and three touchdowns in two games against them (via Pro-Football-Reference.com).
The only concern with Collie is his health.
Collie missed all but one game last season due to injury and has suffered three concussions and a ruptured patellar tendon in his right knee early last season. When healthy, however, Collie has been productive.
From 2009-'10, Collie caught 118 catches for 1,325 yards and 15 touchdowns in 25 games with Manning in Indianapolis. If Denver's trainers clear him in a physical and the team believes his injury woes are behind him, signing Collie to a short-term contract with little or no guaranteed money would be a wise investment.
If he can stay healthy, Collie could prove to be a top free-agent steal this offseason. Otherwise, giving him a shot to compete in training camp with a low salary would be a low-risk, high-reward transaction.