Updated Sunday, July 31, 12:19 p.m. ET
Former Ravens RB Willis McGahee has passed his physical and will sign with the Broncos.
McGahee, who was released by the Ravens on Tuesday, signed a four-year, $9.5 million deal, according to Mike Klis of the Denver Post.
McGahee is coming off a season in which received a career-low 100 carries and gained just 380 yards, also a career worst.
He will join a Denver backfield spearheaded by Knowshon Moreno and that also includes LenDale White and Lance Ball.
The way we see it
The Broncos finally address their biggest offensive need with the addition of McGahee.
Coach John Fox has stressed the need for an improved running game since his arrival in Denver and will now have the ability to effectively a conservative offense, similar to what he ran in Carolina with both DeAngelo Williams and Jonathan Stewart.
While McGahee statistics have dropped off significantly the past few seasons, some of that has to do with the emergence of Ray Rice. The veteran running back averaged five yards per rush in 2009 and scored a career-high 14 touchdowns. He will likely be featured more prominently alongside Moreno than he was next to Rice.
McGahee may not bring the same skill set as that of Williams, but the Broncos were able to secure the him at a much lower price. That should give them the ability to spend more money on a defense that finished dead-last in the league last year.