An All-Sun Belt Conference second-team selection in each of his seasons with the Jaguars, Way recorded 108 catches for 1,617 yards and 11 touchdowns for USA.
He joins Los Angeles Rams tight end Gerald Everett and Washington Redskins safety Jeremy Reaves as South Alabama alumni in the NFL.
Way attended rookie minicamps with the Green Bay Packers, Miami Dolphins and Tampa Bay Buccaneers as a tryout player in May without receiving a contract offer.
Denver players were the first in the NFL to report to training camp this year, coming in on Wednesday. The Broncos will play in the Hall of Fame Game on Aug. 1 against the Atlanta Falcons.
Way filled a roster vacancy created when Romell Guerrier, an undrafted rookie wide receiver, called it quits and was placed on the reserve/retired list by the Broncos.
Mark Inabinett is a sports reporter for Alabama Media Group. Follow him on Twitter at @AMarkG1 .
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