The Denver Broncos are reportedly trading wide receiver Jerry Jeudy, a 2020 first-round pick, to the Cleveland Browns in exchange for 2024 NFL Draft picks.
The Denver Broncos have agreed to send 2020 first-round pick Jerry Jeudy to the Cleveland Browns in exchange for two draft picks, per ESPN’s Adam Schefter.
Schefter adds the Broncos will receive a 2024 fifth-round pick and sixth-round pick from the Browns in exchange for Jeudy.
The deal will not be made official until the new league year begins on March 13.
The Browns previously tried trading for Jeudy at last year’s NFL trade deadline, but both sides couldn’t come to an agreement. The interest remained in Cleveland, and this time, the price was right.
Jeudy’s trade interest has been apparent for quite some time across the league. By doing so now, the Broncos are saving $12.987 million in 2024 cap space, making it a win-win for both sides. Jeudy gets his fresh start on the final year of his rookie deal, while Denver creates more room to work with as free agency approaches on March 13.