Hixon, selected by the Broncos in the fourth round (130th overall) of the 2006 NFL Draft from the University of Akron, has a left foot injury.
The transactions reduced Denver’s roster to the NFL maximum 75-man limit. The Broncos’ roster must be reduced to 53 players by Saturday afternoon.
Beginning Sunday, Denver can establish a practice squad of up to eight players.
The following 12 players were waived by the Broncos on Tuesday:
Player NFL Exp College
G P.J. Alexander 4 Syracuse
G Martin Bibla 4 Miami (Fla.)
T Javiar Collins 5 Northwestern
T Cornell Green 7 Central Florida
LB Kevin Harrison 1 Eastern Michigan
LB T.J. Hollowell 3 Nebraska
C/G Rob Hunt 1 North Dakota State
DT Patrice Majondo-Mwamba 1 Texas Tech
CB Willie Middlebrooks 6 Minnesota
FB Rashon Powers-Neal R Notre Dame
CB Antwaun Rogers 1 Purdue
DT Bryan Save 1 Colorado State