Devaughn Vele

Broncos Trade WR Devaughn Vele To Saints

AUGUST 21: Payton said on Thursday (via Luca Evans of the Denver Post) that the Broncos “weren’t actively shopping” Vele, but were approached by three different teams over the course of three days. Though they valued the second-year wideout, they made the difficult decision to send him to the Saints, who were looking for a “bigger receiver.”

Payton later mentioned “Jacksonville” when discussing the trade, per Ryan O’Halloran of The Florida Times-Union, indicating that the Jaguars were one of the other teams who called about Vele. The Jags would then be a team to naturally monitor ahead of cutdown day and the ensuing waiver period regarding a wideout addition.

AUGUST 20: We now have a three-trade Wednesday, as Sean Payton will do business with Mickey Loomis. The Broncos are sending wide receiver Devaughn Vele to the Saints, NewOrleans.football’s Nick Underhill reports.

Although Vele was only a seventh-round pick, he showed promise as a rookie. As a result, the Broncos will gain a strong return on investment. The Saints are sending the Broncos a 2026 fourth-round pick and a 2027 seventh-rounder, ESPN’s Adam Schefter reports. The Broncos have since announced the trade.

[RELATED: Full Rundown Of Traded 2026 Draft Picks]

Three years remain on Vele’s rookie contract. The Broncos have seen promising preseason work from both Troy Franklin and rookie third-rounder Pat Bryant. With Bryant profiling as a big-bodied outside receiver, Vele’s place in Denver’s passing attack may well have been foggier as a result of the Illinois product’s arrival. Now, he will join a Saints team that experienced significant injury trouble at receiver last year — but one that has now added multiple pieces in 2025.

New Orleans spent much of last season without its top two receiving options — Chris Olave and Rashid Shaheed. Olave suffered two concussions and did not return during the team’s late swoon following Derek Carr‘s season-ending injury. Shaheed played in only six games last year, suffering meniscus injury that required a full repair. Both starters are back for the Saints, who also reunited with Brandin Cooks in free agency. Although New Orleans’ starting quarterback has yet to be decided, either Spencer Rattler or Tyler Shough will have two new auxiliary WRs to target.

In Vele, the Saints will land a 6-foot-5 wideout on a seventh-round contract. Vele is one of the older rookies in recent NFL history, however, in already being 27. He will turn 28 before season’s end, complicating his prospects for a second contract down the line. For now, the Saints have him under control through the 2027 season.

Last season, Vele worked as the Broncos’ second-most utilized receiver — behind only Courtland Sutton. As Franklin and Marvin Mims struggled with inconsistency, Vele logged a 53% snap share. The Utah product caught 41 passes for 475 yards and three touchdowns as a rookie.

Payton’s Saints years frequently involved a host of sidekick options alongside a clear No. 1 — be it Marques Colston or Michael Thomas. His second Broncos setup looks similar, with Mims, Franklin and Bryant set to complement the recently extended Sutton. With the Broncos also signing backup/special-teamer Trent Sherfield, they suddenly had a bit of a logjam on their hands. The team has also used rookie UDFA Courtney Jackson as a return man in the preseason; Jackson could have a path to a sixth WR spot with Vele gone.

It is not known which Bronco will succeed Vele as the team’s second-most utilized wideout, but Franklin — a 2024 fourth-round pick who played with Bo Nix at Oregon — looks like an interesting bet for that de facto WR2 role. Then again, Mims came on strong to close last season and drew WR2 buzz this summer. After the Broncos passed on adding a veteran beyond Sherfield, they will count on the Mims-Franklin-Bryant contingent to the point Vele suddenly became expendable. This may still represent some risk for a Broncos team connected to supporting-cast wideouts for most of the offseason, but the return — and the early work from Franklin and Bryant — may have swayed team brass.

Zach Allen, Nik Bonitto Higher Broncos Extension Priorities Than Courtland Sutton?

When the Broncos agreed on merely an incentive package with Courtland Sutton last year, they are believed to have targeted 2025 as the window for their top wide receiver to be paid. But big seasons from younger players may affect the receiver’s place in a growing Denver extension queue.

Helping the Broncos’ defense become a top-five unit in 2024, Zach Allen and Nik Bonitto earned second-team All-Pro acclaim. A 2023 free agency addition, Allen is entering an age-28 season. Bonitto joins the disruptive interior D-lineman in a contract year; the former second-round pick will turn 26 in September, soon before Sutton will turn 30 (October).

While Sutton has been an integral part of the Broncos’ offense since they traded Super Bowl-era stalwart Demaryius Thomas at the 2018 trade deadline, it is now possible he has lost ground in a push for an extension due to the level jumps Allen and Bonitto made. The two defenders are considered higher extension priorities compared to Sutton, the Denver Post’s Troy Renck notes. Sutton extension talks dragging would bring another complication to what has been a successful but complicated partnership.

The 2018 second-round pick became a mainstay on the trade block between the 2022 and ’24 trade deadlines. The Broncos dangled Sutton during trade windows between this point, nearly sending him to the Ravens (before the AFC North club’s 2023 Odell Beckham Jr. signing) and discussed him with the 49ers last year. Other discussions undoubtedly occurred since 2022, but it was certainly notable when the Broncos turned down a third-rounder from the 49ers for Sutton. The 6-foot-4 performer then became an integral part of Bo Nix‘s rookie-year emergence, cashing in on incentives during his second 1,000-yard season.

Sutton also has run into a timing problem, which we have outlined previously. His four-year, $60MM extension — agreed to in November 2021, before Sean Payton‘s arrival — appeared in step with the market at that time. But after Davante Adams and Tyreek Hill‘s March 2022 extensions brought a sea change, Sutton’s pact began to look Broncos-friendly. The 2024 WR market boom only made matters worse for a player who is now the NFL’s 25th-highest-paid receiver. Sutton posted a 10-touchdown 2023 season, helping Russell Wilson rebound from a disastrous 2022 slate, and helped Nix finish with the second-most rookie-year TD passes (29) in NFL history.

Not only is Sutton the last WR holdover from the John Elway GM period, none of the Broncos’ other wideouts were around before Payton’s 2023 arrival. Denver is betting on development from some younger players at the position, with 2024 seventh-rounder Devaughn Vele at the front of that line. Before missing minicamp, Vele had turned heads during Broncos OTAs, Renck adds.

An unconventional rookie due to serving a Mormon mission while at Utah, Vele will turn 28 this year. He would make for an unusual extension candidate down the road, but for now, Renck offers that the 6-5 target could be viewed as a post-2025 Sutton replacement if extension talks go south. Vele, who caught 41 passes for 475 yards as a rookie, is signed through 2027. He is not expected to miss any training camp time, Payton said (via the Denver Post’s Parker Gabriel). Vele joins Marvin Mims, Troy Franklin and third-round rookie Pat Bryant as Sutton’s rookie-contract supporting cast.

Sutton reported for Broncos voluntary work this offseason and did say extension talks had yielded progress. The Broncos under GM George Paton have also done plenty of extension business during the summer and into the season. Between mid-June and mid-December last year, the team extended Quinn Meinerz, Patrick Surtain, Jonathon Cooper and Garett Bolles. Allen is interested in an extension, and the team has begun talking to Bonitto about a second contract. A host of post-draft priorities are in place after the team’s first playoff berth in nine years.

Bonitto’s market will come in higher than Sutton’s, while Allen leading all interior D-linemen in QB pressures (47) last season will spike his value as well. Sutton would be in good position to be paid as a 30-year-old free agent in 2026, but cashing in ahead of his age-30 season would help. This will be a summer storyline to monitor for a rejuvenated Broncos team.

Broncos To Make WR Addition

Although Courtland Sutton extension talks are underway, the Broncos’ No. 1 wide receiver is heading into a contract year and an age-30 season. The team, which traded Jerry Jeudy for two Day 3 picks last year, has not seen a consistent option emerge beyond its veteran leader — a holdover from John Elway‘s GM tenure. As the draft approaches, many are mocking skill-position players to Denver early.

The Broncos would also could be a player for one of the veterans still on the free agency board. Amari Cooper, Keenan Allen and Tyler Lockett will likely wait until depth charts become clearer after the draft (and the compensatory deadline) passes, but with the Broncos having a few rookie-contract wideouts supplementing Sutton, they profile as a candidate for a rental complementary option. They were in the Cooper Kupp and Stefon Diggs markets, though it never sounded as though serious talks took place.

[RELATED: Broncos GM Confirms Team Will Draft RB]

Entering the draft, Sean Payton said the Broncos “add numbers to the position” — be it through the draft or free agency. Denver will assuredly include some receivers in its UDFA class, but it would surprise if a notable addition did not take place as well. Broncos fans will soon see how the team feels about the trajectories of Marvin Mims and 2024 draftees Troy Franklin and Devaughn Vele.

Payton praised Vele and Franklin’s progress, via the Denver Gazette’s Chris Tomasson; a veteran addition or an early-round pick would stand to threaten the roles of those second-year players, as the team has Mims ticketed for a regular role after the two-time All-Pro returner showed considerable promise as a receiver late last season.

Nevertheless, the Broncos have met with Texas’ Matthew Golden and Missouri’s Luther Burden. They also are committed to adding to their running back group. The team’s confidence in its young WR cadre may well send a running back to Denver earlier. The team has met with Omarion Hampton PFR’s Broncos selection at No. 20 — along with Iowa’s Kaleb Johnson and both Ohio State RB products (Quinshon Judkins, TreVeyon Henderson).

Payton’s past with the Saints also featured a bevy of RB investments compared to top-heavy WR depth charts. The Saints drafted Reggie Bush and Mark Ingram in the first round and later paid Ingram and extended Alvin Kamara. Notable WR payments did take place (Marques Colston, Michael Thomas) under Payton, and the team did use a first-round pick on Brandin Cooks, but beyond the one-season Thomas-Cooks overlap, Payton’s teams did not overinvest at receiver.

Will the Broncos pass on an early-round Sutton sidekick next week? One move that would be a Payton first: trading down. Payton has never traded down in Round 1 (h/t the Denver Post’s Parker Gabriel). Despite the rumblings about a running back or receiver addition early, a rumor about the Broncos devoting more resources on defense — even after the Dre Greenlaw and Talanoa Hufanga signings — emerged as well, as smokescreen season runs wild.

The Broncos also lessened their tight end need by outmaneuvering the Chargers for Evan Engram. The former first-rounder’s agent said (via Gabriel) the recent Jaguars cap casualty viewed Bo Nix as a key driver for his signing, even as he considered other teams — the Bolts among them — with solid QB situations. Nix’s rookie contract runs through 2027, and his extension window does not open until after Engram’s contract expires.

Engram’s two-year, $23MM deal includes $16.5MM guaranteed at signing, likely tying the Broncos to their new TE1 for his age-31 and age-32 seasons. While the team could add at tight end as well in this draft, Engram’s presence would allow for patience.

NFL Draft Pick Signings: 5/8/24

Today’s draft pick signings:

Denver Broncos

Estime spent three years with the Fighting Irish. Though he only started 14 games, he combined in his last two seasons to accumulate 2,261 rushing yards and 30 total touchdowns. He joins a backfield that featured Javonte Williams, Jaleel McLaughlin, and Samaje Perine in 2023 and returns all three.

Vele comes to the NFL after reeling in 98 catches for 1,288 receiving yards and eight touchdowns in his final two years with the Utes. He led Utah in receiving yards this past season and was second on the team in 2022, coming in behind tight end Dalton Kincaid. He helps replenish a wide receiving corps in Denver that lost Jerry Jeudy and still might see Courtland Sutton traded away.

Gargiulo arrived in Columbia after earning his degree in four years at Yale. Gargiulo was a versatile lineman for both the Bulldogs and Gamecocks, spending time at both guard and center for both schools. Much won’t be asked of Gargiulo as a rookie, but he adds versatile depth to the Broncos offensive line.