Dumervil and Magid parted ways on Saturday.
Elvis Dumervil and his agent are parting ways, according to sources close to the situation— Aaron Wilson (@RavensInsider) March 16, 2013
I'm told there's no animosity between Elvis Dumervil and his agent. Just a bad situation that unfolded, obviously, and now Elvis moves on— Aaron Wilson (@RavensInsider) March 16, 2013
Will parting ways with his agent hurt Elvis Dumervil's leverage in new negotiations?
The move makes sense for Dumervil, because he clearly was willing to remain loyal to the Broncos even though he was preparing to take a pay cut from $12 million to $8 million in 2013. Once it was clear that Dumervil wouldn't hit the deadline, though, the Broncos had to release him.
Mike Klis of the Denver Post documents Magid's recent comments about several other teams drawing interest now that Dumervil is unexpectedly on the open market.
Magid had been fielding calls from other teams, and noted that Dumervil would be taking visits after the general managers returned from owners' meetings.
Since those meetings go from Sunday through Wednesday, there would have been at least a day or so beyond that when Dumervil will be in no man's land. Dumervil typically wouldn't be able to hire a new agent for five days, according to ESPN's Adam Schefter.
Elvis Dumervil would have to wait five days from the time he terminates his agent to hire a new one. It's the NFLPA rules. Saga continues.— Adam Schefter (@AdamSchefter) March 16, 2013
However, Ian Rapoport of NFL Network reports that Magid will waive the five-day period so that Dumervil can find a new agent immediately.
Marty Magid, ex-agent for Elvis Dumervil, confirms to me he's been fired today. But told me: "I waived the 5 days so he could move!"— Ian Rapoport (@RapSheet) March 16, 2013
It has been an active free-agency period early on, but Dumervil's bizarre saga has emerged as arguably the most intriguing development.
The 29-year-old veteran had a stellar campaign this past season, notching 11 sacks and matching a career-best by forcing six fumbles.