Update (Tuesday, 3:16 PM ET): Henley is in the final year of his rookie contract and joins Denver ahead of becoming a free agent in March, according to Adam Schefter.
The Chargers are trading linebacker Daiyan Henley to the Broncos for a 2027 fourth-round pick and a 2028 fifth-round pick, according to Adam Schefter of ESPN. Ian Rapoport of NFL Network also reported that Denver is trading for Henley.