Woodson was released by the Packers in February after spending seven years with the team. He hasn't found a suitor yet and the market has been quiet on him. Injuries and age have taken their toll on the 36-year-old, who played in only seven games last season. He had 38 tackles, 1 interception and 1.5 sacks.
The Broncos have solid cornerback depth with Champ Bailey, Dominique Rodgers-Cromartie and Chris Harris, bu they could use some more depth at safety. Woodson isn't a starter at this point in his career, but he can provide quality depth and a veteran presence. He could be a natural fit on a team gunning for a Super Bowl as his career winds down.