The Broncos, continuing a busy Thursday, have inked fifth-round tight end Jake Butt to a contract, per a team announcement (Twitter link via Nicki Jhabvala of the Denver Post).
Butt, the 145th overall pick, isn’t your average fifth-rounder, as he only dropped that far as a result of the torn ACL he suffered in Michigan’s Orange Bowl loss to Florida State on Dec. 30. To that point, Butt had a chance to parlay back-to-back strong seasons into becoming a first- or second-round pick. Butt combined for 97 receptions and seven touchdowns during his final two years with the Wolverines and earned first-team All-America honors in each season.
Prior to last year, Butt purchased a loss-of-value policy which enabled him to collect compensation for his draft fall. All told, he ended up with a guaranteed $380K and could earn another $2.7MM-plus, including a $300K signing bonus, if he sees his rookie contract through. He’s the seventh member of the Broncos’ eight-player class to sign, leaving second-round defensive end DeMarcus Walker as the lone straggler.
He will always be the butt of jokes in Denver …