By Ben Warwick

DENVER (CBS4) – Broncos running back Phillip Lindsay is officially an unrestricted free agent. The Broncos and Phillip Lindsay announced the move on social media Thursday morning.

The Broncos had previously announced that they had offered Lindsay a low tender offer, allowing him to pursue deals with other teams as a restricted free agent, but giving the Broncos the option to match any offer that Lindsay had received. Thursday, the team and Lindsay announced via Twitter that they had come to a mutual agreement to instead allow him to become an unrestricted free agent, allowing him to pursue a deal with any team. The Broncos would not have the right to match any offer.

READ MORE: American Indian Academy Students Get Birds-Eye View To Understand Post-Fire Habitats
Phillip Lindsay #30 of the Denver Broncos walks to the locker room at halftime against the Atlanta Falcons at Mercedes-Benz Stadium on November 8, 2020 in Atlanta.

(Photo by Kevin C. Cox/Getty Images)

In a statement, Lindsay said he was appreciative for his time as a Denver Bronco and thanked everyone in the organization, and the fans, for his three years in Denver.

“I’m very appreciative for my time with the Denver Broncos. As a Colorado kid, I was able to fulfill my dream of playing for my home team. I want to thank my teammates, coaches, staff and everyone involved in the Broncos organization who made this possible for me.”

“I especially want to thank the fans for all of your love, loyalty, and support during my time. I am very grateful that we have been able to have positive conversations with the Broncos and have mutually come to an agreement that works for both of us and allows me to do what’s best for my family. Thank you Broncos country you will always hold a special place in my heart.”

Phillip Lindsay of the Denver Broncos has a word with young fans during warm ups before a game at Empower Field at Mile High on Nov. 3, 2019 in Denver.

Phillip Lindsay of the Denver Broncos has a word with young fans during warm ups before a game at Empower Field at Mile High on Nov. 3, 2019 in Denver. (Photo by Dustin Bradford/Getty Images)

In his three years in Denver, Lindsay racked up 2,550 total yards and 17 touchdowns. Denver signed Lindsay as an undrafted free agent in 2018 after he completed his college career at the University of Colorado. He is the first undrafted running back in NFL history to begin his career with back-to-back 1,000-yard rushing seasons. He missed much of the 2020 season due to injury.

MORE NEWS: Rep. Diana DeGette Asks For Federal Funds So Denver Can Buy Hotel Where Homeless Would Be Housed, Helped

Denver’s current running back group includes Melvin Gordon, Royce Freeman, Mike Boone Le’Vante Bellamy and Damarea Crockett.

Ben Warwick