Broncos trade WR Jerry Jeudy to Cleveland for pair of 2024 draft picks, sources say

Denver Broncos trade WR Jerry Jeudy to Cleveland Browns for Day 3 draft picks, clearing cap space for roster overhaul.

The highly anticipated trade involving the 2020 first-round draft pick has finally been confirmed, with the player set to join the Cleveland Browns in exchange for a pair of Day 3 draft picks. This move has been the subject of rumors for over 18 months, adding to the excitement surrounding the deal.

Sources have revealed that Denver will receive the first selection of the fifth-round (No. 135 overall) and a sixth-rounder (No. 202 overall) from the Browns as part of the trade. Not only does this trade benefit Cleveland, but it also clears a significant $12.987 million in salary cap space for Denver in 2024, without incurring any dead cap charges.

With this trade, the Broncos now have approximately $31.3 million in cap space, according to data from OvertheCap. This marks a significant shift for Denver, as they have recently made several key moves to reshape their roster and free up cap space.

The departure of quarterback Russell Wilson, safety Justin Simmons, and tight end Chris Manhertz, along with the trade of the first-round draft pick, signals a new direction for the Broncos under coach Sean Payton. These moves have cleared over $48 million in cap space, allowing Denver to continue overhauling their roster for the upcoming season.

While the traded player showed promise during his time with the Broncos, he never quite reached the level of performance expected when he was selected in the first round. Despite a strong showing in the 2022 season, where he recorded 972 yards and six touchdowns, the player's future in Denver has been uncertain due to ongoing rumors.

The trade to Cleveland marks a new chapter for the player, opening up opportunities for second-year player Marvin Mims, Jr. to step into a more prominent role. With the additional draft picks acquired in the trade, Denver now has eight picks at their disposal for the upcoming draft, providing flexibility and options for further roster moves.

As the Broncos look ahead to the future, the trade, draft picks, and salary cap space will play crucial roles in shaping the team's direction. With strategic planning and careful consideration of their options, Denver is poised to make significant moves in the offseason to strengthen their roster and position themselves for success in the upcoming season.

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