The Denver Broncos are picking up wide receiver Jerry Jeudy’s fifth-year option, which carries a price tag of just under $13 million in 2024, according to a person familiar with the decision.
Jeudy hasn’t lived up to the team’s lofty expectations as the 15th overall draft pick in 2020 but he came on strong down the stretch last season when he was finally highlighted in Denver’s offense.
Over the final six games, Jeudy caught 37 passes for 523 yards and three touchdowns at the flanker position.
The #Broncos are picking up the fifth-year option on WR Jerry Jeudy, sources say, locking him in for 2024. No surprise, they had plenty of interest from teams wanting to trade for him, but Jeudy is a big part of their future.
— Ian Rapoport (@RapSheet) May 1, 2023
We’ve exercised the fifth-year option on WR Jerry Jeudy.
📰 » https://t.co/KYY6n3seNR pic.twitter.com/mk9OH2fK29
— Denver Broncos (@Broncos) May 1, 2023