Tag: Jerry Jeudy

The Cleveland Browns signed wide receiver Jerry Jeudy to a three-year extension after trading away a fifth and sixth round pick last week to acquire him.

The extension has people in an uproar as it was reported that he signed a three-year deal worth $58 million in total with $41 million guaranteed. Those numbers are a bit fluky on the surface.

According to PFF’s contract expert Brad Spielberger, the true nature of Jeudy’s extension is actually $17.5 million in base salary with the ability to earn another $1.75 million per year in incentives. Spielberger also stated that he is 99 percent sure that Jeudy’s $12.9 million the Browns are set to pay him in 2024 is rounded into that $41 million guaranteed figure.

So, when taking the incentives out (and if he earns the incentives then that means he’s living up to the contract!), Jeudy’s contract extension is essentially a three-year deal worth $52.5 million, with just around $28 million in guaranteed money.

This is much easier to digest than the initially reported $41 million in guaranteed money.

However, both the Pittsburgh Steelers and Jacksonville Jaguars did it two years ago, committing even more money to Diontae Johnson and Christian Kirk respectively.

Johnson was given a two-year extension in August of 2022, paying him over $18 million per year with $27 million of that guaranteed money. The Jaguars opened 2022 free agency with a bang that year, signing Kirk to a massive four-year deal at $18 million per year with $37 million guaranteed.

So yes, committing $17.5 million per year to a wideout who has never had a 1,000-yard receiving season is risky. But the move is not an unprecedented one by the Browns.

General manager Andrew Berry celebrated the Jerry Jeudy extension in a statement released to the media. The Cleveland Browns signed Jerry Jeudy to a three-year extension worth up to $58 million. Berry was emphatic about locking up a young receiver with a ton of potential. Berry was quoted as saying, 

“We felt that the ability to add a passionate and competitive player with his combination of strengths would be an important component of our offense now and into the future. At 24-years-old and just entering his prime, we are pleased to have Jerry as a member of the Browns for the next several seasons and believe the best is yet to come.”

Berry traded a fifth and sixth-round pick for Jeudy earlier in the offseason. The Browns spent little time making Jeudy part of the long-term future. The Browns have a lot of faith in the young receiver. The former first-round pick has yet to record more than 1,000 yards receiving in his four-year career. The Browns believe they’ve bought low on a talented receiver marred by horrible quarterbacks.

Jeudy and his mentor, Amari Cooper, are paired next to each other this season. The bond between them will help Jeudy evolve his game. Cooper is a craftsman; every movement he makes is precise and planned. If Jeudy can learn from Cooper, then this will become a sweetheart deal for the Browns.

After acquiring wide receiver Jerry Jeudy from the Denver Broncos, the Cleveland Browns have now given him a new three-year extension.

According to NFL Network’s Ian Rapoport, the Browns have given Jeudy a three-year extension, worth “up to” around $19 million per year with $41 million guaranteed. However, the full contract details will be needed before making any bigger judgments.

With input from PFF’s contract expert Brad Spielberger, he seems to think that Jeudy’s $12.9 that the Browns are guaranteeing him this year may be wrapped up in that bigger $41 million number. If that is the case, then in reality the Browns are actually only guaranteeing Jeudy $28 million of new money.

It’s impossible to know what his base average per year is as well with this information as it could likely be just between $14-15 million. This would put him under the contracts of Christian Kirk and Diontae Johnson, and right around that of Tyler Lockett and Courtland Sutton. This would be just above what free agent receivers Gabe Davis and Darnell Mooney got on the open market.

The Browns acquired Jeudy for just the cost of a fifth and sixth round pick. While this move is a risk, the Browns could not afford to let all three of their top receivers hit the market next year, so they extended the 24-year-old.

On the same day the Cleveland Browns officially announced the trade for Broncos wide receiver Jerry Jeudy, they also showed his new number. Jeudy will wear No. 3 with the Browns. That number was worn last year by Marquise Goodwin, who is now a free agent. Jeudy wore No. 10 with his previous team, the Denver Broncos.

Jeudy was in Cleveland on Wednesday, meeting with the team and touring the facility; the team released video and photos of him in Berea. It was a great move from Andrew Berry to acquire Jeudy, who seemed like a bargain after some of the money had been thrown around to wide receivers in the early days of free agency.

The Browns likely still have moves to make, as the team still needs to add depth on the offensive line, a tight end and maybe a third safety. With Jeudy on board, the Browns might add another wide receiver, but it is more likely that it will happen in the draft.

it's gonna be 3️⃣ for @jerryjeudy pic.twitter.com/Ijf15oyqhE

— Cleveland Browns (@Browns) March 13, 2024