The Denver Broncos are in the process of trading wide receiver Jerry Jeudy to the Cleveland Browns, according to NFL Network’s Ian Rapoport. The trade cannot become official until the new league year begins on March 13.
In exchange for Jeudy, Cleveland will trade a fifth-round pick (No. 135) and a sixth-round pick (No. 202), according to multiple reports. The Browns will take on Jeudy’s remaining contract, saving Denver $12.987 million in salary cap space this season.
Jeudy, 24, was selected by former Broncos general manager John Elway with the 15th overall pick out of Alabama in the 2020 NFL draft. Jeudy has shown flashes of brilliance since then and he’s a great route runner, but poor quarterback play and injuries have contributed to Jeudy’s production being inconsistent over the last four seasons.
Jeudy appeared to take a step forward in 2022, posting career highs in receptions (67) receiving yards (972) and touchdowns (six) in 15 games, but he followed that up with 54 receptions for 758 yards and three touchdowns in 2023 (16 games).
With the trade, Denver creates $12,987,000 in additional salary cap space while also acquiring more draft capital for April.
Marvin Mims is expected to replace Jeudy’s role in Sean Payton’s offense, and the Broncos also have two other promising young WRs in Brandon Johnson and Jalen Virgil.
Jeudy, who has one season remaining on his contract before he’s set to become a free agent in 2025, now gets a fresh start with a new team.