ENGLEWOOD, Colo. --As the saying goes, a team can never have too many pass rushers.

With that in mind, the Broncos have agreed to terms on a one-year deal with Shaun Phillips.

Phillips, who played outside linebacker with the Chargers in a 3-4 defense, might transition to defensive end in the Broncos' 4-3 scheme.

The move means the Broncos added two pass-rushers on Saturday, including fifth-round defensive end Quanterus Smith.

A 10th-year veteran, Phillips spent his first nine NFL seasons with the San Diego Chargers, so he has plenty of familiarity with the Broncos -- and vice versa. He ranks second in Chargers franchise history with 69.5 sacks.

Last season, Phillips notched 9.5 sacks and a safety. He made his first Pro Bowl in 2010 when he was named the Chargers' Defensive Player of the Year.

He has six interceptions in his career along with two defensive touchdowns.

The 31-year-old has missed just four games since the start of the 2008 season.

More reaction on the signing to come.