Andre Caldwell returned to Denver Broncos practice Thursday, Lindsay Jones of the Denver Post reports. Caldwell left last Saturday's preseason game against the Seattle Seahawks with a rib injury. X-rays revealed no broken bones. There is no word yet on Caldwell's status for Sunday's game against the San Francisco 49ers.
Analysis: Caldwell is currently slotted as the team's No. 3 receiver behind Demaryius Thomas and Eric Decker. With Tim Tebow running the show Caldwell's spot on the depth chart would be a fantasy death knell, but Peyton Manning could give the wideout some value this season. If you're looking for depth late in the draft, Caldwell could give you some consistent targets. The upside here is low, however. Also keep in mind that Brandon Stokley and tight ends Jacob Tamme and Joel Dreessen could leech a few targets as well.