Update, 3:26 p.m. The Globe's Greg Bedard just posted this tweet on Wes Welker:
Broncos deal with Patriots WR Wes Welker "very likely," according to a league source.— Greg A. Bedard (@GregABedard) March 13, 2013
3:03 p.m. The Denver Broncos are in serious talks to sign Patriots free agent wide receiver Wes Welker, league sources tell ESPN's Adam Schefter. The report says a decision is expected sometime on Wednesday.
The Patriots used their franchise tag on the 31-year-old Welker last season, but let him reach free agency this season. Welker led the Patriots with 118 catches and 1,354 receiving yards last season to go with six touchdowns.