Fifth-year option exercised
The Broncos picked up Jeudy's fifth-year option for the 2024 season Monday, Ian Rapoport of NFL Network reports.
Denver now has Jeudy under contract for two more seasons, setting him up to carry a $12.98 million salary for the 2024 campaign. The 24-year-old fell short of his first 1,000-yard season by just 28 yards last year, but a strong finish nonetheless allowed him to rack up a 67-972-6 receiving line through 15 appearances. The Broncos added rookie wideout Marvin Mims in the second round of April's draft, and Tim Patrick (knee) could play a significant role once fully recovered from his ACL tear, but picking up Jeudy's fifth-year option is a no-brainer for new head coach Sean Payton.
More Denver Broncos Fantasy Football News
Marvin Mims Jr.
WR | DEN
Makes impact in blowout loss
Mims brought in three of five targets for 73 yards, rushed once for three yards and returned two kickoffs for 121 yards and a touchdown in the Broncos' 70-20 loss to the Dolphins on Sunday.

Javonte Williams
RB | DEN
Garners 65 total yards in loss
William rushed 11 times for 42 yards and brought in two of three targets for 23 yards in the Broncos' 70-20 loss to the Dolphins on Sunday.

Jerry Jeudy
WR | DEN
Five catches in Week 3 loss
Jeudy brought in five of seven targets for 81 yards in the Broncos' 70-20 loss to the Dolphins on Sunday.

Courtland Sutton
WR | DEN
Busy day in blowout loss
Sutton brought in eight of 11 targets for 91 yards and a touchdown in the Broncos' 70-20 loss to the Dolphins on Sunday. He also lost two fumbles.

Russell Wilson
QB | DEN
Over 300-yard mark in record loss
Wilson completed 23 of 38 passes for 306 yards with one touchdown and one interception in the Broncos' 70-20 loss to the Dolphins on Sunday.

Adam Trautman
TE | DEN
Held catchless in loss
Trautman failed to secure his only target in Sunday's 35-33 loss to the Commanders.

Samaje Perine
RB | DEN
Quiet in loss
Perine carried once for four yards and secured three of his four targets for 20 yards in Sunday's 35-33 loss to the Commanders.
Brandon Johnson
WR | DEN
Catches Hail Mary TD
Johnson caught two of three targets for 66 yards and a touchdown in Sunday's 35-33 loss to Washington.

Jerry Jeudy
WR | DEN
Quiet day as rookie shines
Jeudy (hamstring) had three receptions on five targets for 25 yards and no scores in Sunday's 35-33 loss to the Commanders.

Courtland Sutton
WR | DEN
Nabs five receptions Sunday
Sutton caught five of seven targets for 66 yards in Sunday's 35-33 loss to Washington.