Tom Brady will have to find a new favorite target. Wes Welker is no longer a Patriot. Welker signed a two-year, $12 million contract with the Broncos this afternoon. Denver's team president John Elway tweeted the news out shortly after it was set. According to a source familiar with the negotiations, the contract is fully guaranteed. Despite some earlier reports to the contrary, Welker did not give the Patriots a chance to match the deal. Wes Welker signs with Broncos | Boston Herald Another classic case of management ( Krafty the owner & Belichick coach extraordinaire ) dropping the ball , big time. Woe is Brady , he will surely get pounded without Wes to flip to.