Jerry Jeudy Contract: Salary, Cap Hit, Potential Extension

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Denver Broncos wide receiver Jerry Jeudy (10) runs against the Los Angeles Chargers during an NFL football game, Sunday, Jan. 8, 2023, in Denver. (AP Photo/Jack Dempsey)
(AP Photo/Jack Dempsey)
BetMGM Staff @BETMGM Feb 05, 2023, 5:33 PM

Jerry Jeudy’s Contract

Selected 15th overall by the Denver Broncos in the 2020 NFL Draft, Jeudy is entering the final year of a four-year, $15,192,974 rookie contract.

The deal is fully guaranteed and includes an average annual salary of $3,798,244, an $8,609,436 signing bonus, and a fifth-year option.

Jerry Jeudy’s Cap Hit

Jeudy will carry a cap hit of $4,834,128 in 2023.

Jerry Jeudy’s Potential Extension

Having completed his third NFL season, Jeudy is eligible for a contract extension.

Despite Denver’s league-worst offense, the 23-year-old set career highs across the board this past season, tallying 67 catches for 972 yards and six touchdowns. While Jeudy hasn’t performed like a true No. 1, it would be surprising if the Broncos don’t pick up his fifth-year option, which is expected to be around $12 million.

With Sean Payton now in town, Jeudy’s arrow is pointing up. How the former Alabama standout performs in 2023 will thus go a long way toward determining his long-term future in Denver.

Other notable players from the 2020 draft class awaiting a potential extension include Joe Burrow, Chase Young, and Justin Herbert.

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Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.