The Broncos will save $2.58 million if another team picks up the remainder of Orton's contract off of waivers in the following week.
The most interesting aspect of this roster move seems to be where Orton may end up after week's end.
Three teams come to mind when considering a move for a quarterback in Week 12.
The Houston Texans have lost their star quarterback Matt Schaub to injury for what may be the remainder of the season.
The most likely candidate to acquire Orton is the Chicago Bears.
The Bears traded Orton to the Denver Broncos during the 2009 offseason for Jay Cutler.
Looking at the numbers in the win-loss column leads us to believe that Chicago got the better deal out of that trade.
But now it seems the Bears may be looking at their former starting quarterback as their next in line as Cutler will likely miss the regular season.
The news of Cutler's injury hit Denver as welcome news for Denver fans—the Bears visit Denver on December 11th.
But with the news of Orton's departure from Denver's roster, the moods might change quickly for Denver playoff hopefuls.
The Bears and Patriots serve as the two toughest games remaining on Denver's schedule.
What happens if Orton takes the helm once again for Chicago?
We all know it would be temporary, but Orton could make some noise against the Broncos.
Orton has faced this Denver defense during countless practices over the last two and a half years. It's safe to say he knows what they're up to.
The reason so many quarterbacks look great in practice and terrible during games is because they face the same group of guys everyday in practice.
Orton, compared to Brady Quinn and Tim Tebow, looked fantastic during training camp and practices in 2011—which is exactly why he kept his starting job after the preseason and four and a half weeks into the regular season.
December 11th, if Orton does make his way to the Bears roster, would be just another practice for the former Bronco.
Sure, John Fox and defensive coordinator Dennis Allen will make some changes to try and throw Orton off if he comes to town in a few weeks, but it's still the same group of 11 men taking the field on the defensive side of the ball.
So, over the next week, it's important that the Denver faithful do not raise their hopes too high until we see Orton's name take a spot on a team that doesn't affect the Broncos' playoff chances.