The Cleveland Browns have signed newly acquired wide receiver Jerry Jeudy to a three-year extension, the team announced Tuesday.
Terms were not disclosed but a source told ESPN that the deal is worth $58 million, including $41 million guaranteed at signing.
The Browns acquired Jeudy from the Denver Broncos last week for a 2024 fifth- and sixth-round pick.
A 2020 first-round pick, Jeudy was entering the final year of his rookie contract after the Broncos exercised his fifth-year option last year, set to make almost $13 million in 2024.
Fellow Browns wide receivers Amari Cooper and Elijah Moore, whom the Browns traded for instead of Jeudy last offseason, are set to enter their final season under contract.
Jeudy, 24, had 54 receptions for 758 yards and two touchdowns last season for the Broncos. Jeudy had his best season in 2022, setting career highs for touchdowns (six), catches (67) and yards (972).
