Gormley was brought in from New Jersey in exchange for future considerations Monday.
Gormley signed a one-year, two-way contract with the Devils on Thursday.
Gormley was not given a qualifying offer by the Avalanche on Monday, Mike Chambers of The Denver Post reports.
Gormley has been waived by the Avalanche, Renaud Lavoie of TVA Sports reports.
The Coyotes traded Gormley to the Avalanche on Wednesday in exchange for Stefan Elliott, Drew Spevak of ESPN Denver reports.
The Phoenix Coyotes have sent Brandon Gormley to the minors.
Gormley played in five games with Phoenix and didn't record a point. He's worth keeping an eye on though because he does have some offensive upside.
Brandon Gormley is slated to make his NHL debut on Monday night.
The 22-year-old blueliner was selected in the first round (13th overall) in the 2010 draft.
The Phoenix Coyotes have promoted Brandon Gormley.
Gormley has 34 points and 32 penalty minutes in 52 AHL games this season. He was taken with the 13th overall pick in the 2010 NHL Entry Draft.
Brandon Gormley has been brought up by Phoenix.
He has picked up 32 points and 26 penalty minutes in 48 games for the AHL's Portland Pirates this campaign.
The Phoenix Coyotes sent Brandon Gormley to the minors on Sunday.
Gormley hasn't played in a game with the Coyotes yet in his hockey career. He scored five assists in seven games with the Portland Pirates and had 29 points in 68 games in the AHL last season.