The Broncos released Schobert on Tuesday, Aric DiLalla of team's official site reports.
Schobert signed with the Broncos after news that Jonas Griffith (elbow) would be sidelined for at least a month. However, after just a week, the veteran linebacker once again finds himself as a free agent. Schobert registered at least 100 tackles and one interception in five straight seasons, but he didn't garner major attention in free agency this offseason.