Cleveland Browns wide receiver Jerry Jeudy has signed a three-year contract extension worth up to $58 million, with $41 million guaranteed at signing, according to multiple reports.
Jeudy, a first-round pick in 2020, was set to become a free agent next year but will now remain with the Browns until 2027. He has recorded 211 career receptions for 3,053 yards and 11 touchdowns in 57 games. Jeudy’s best season came in 2022, when he had 67 catches for 972 yards and six touchdowns.
The Browns acquired Jeudy from the Denver Broncos in exchange for a fifth and sixth-round pick. The team’s top receiver, Amari Cooper, is entering the final year of his contract. The Browns have also extended tight end David Njoku’s contract through 2025.
The full contract details of Jeudy’s extension are not yet known, but NFL Network’s Ian Rapoport reported that it is worth around $19 million per year. There is speculation that only $28 million of the total guarantee is new money, with the rest potentially tied to his previous contract.
The #Browns and WR @jerryjeudy have agreed to a three-year contract extension worth up to $58 million, including $41 million fully guaranteed at signing, per me and @TomPelissero.
The deal was negotiated by @equitysports CEO @chriscabott. pic.twitter.com/ozzyd4Qps8
— Ian Rapoport (@RapSheet) March 19, 2024
The Browns could not afford to lose all three of their top receivers in free agency, prompting them to extend Jeudy’s deal. Jeudy’s arrival in Cleveland brings hope for a fresh start after underwhelming performances in Denver. The Browns are banking on him becoming a significant contributor as their No. 2 wide receiver.
the best is yet to come 📈 pic.twitter.com/C8WY8IZ5MQ
— Cleveland Browns (@Browns) March 19, 2024
Jerry Jeudy had his best campaign in 2022, catching 67 passes for 972 yards and six touchdowns. Overall, he has caught 211 passes for 3,053 yards and 11 touchdowns in his career. The Cleveland Browns have signed quarterback Deshaun Watson to a six-year deal worth $230 million guaranteed.
However, Watson has missed games due to suspension and injuries.
In Watson’s starts, Cleveland has averaged 19.7 team offensive points per game, compared to 21.5 points per game with other starting quarterbacks. The Browns are looking to provide Watson with the necessary weapons to succeed.
Last week, the Browns traded for Jeudy, a speedy wide receiver from the Denver Broncos. He has now signed a three-year contract extension with Cleveland, worth up to $58 million with $41 million guaranteed. Cleveland sent draft picks to Denver in the trade. Jeudy expressed his desire to be in a place that values him and considers Cleveland a fresh start.
During his time with the Broncos, Jeudy did not meet expectations. However, he had a career-high season in 2022. The Browns have been interested in Jeudy for some time and finally acquired him. General manager Andrew Berry believes Jeudy’s versatile skills will be a valuable asset to the offense.
At 24 years old, Jeudy is entering his prime, and the Browns are excited to have him for the next several seasons. In his time with Denver, Jeudy recorded 211 catches for 3,053 yards and 11 touchdowns. In the last season, he had 54 receptions for 758 yards and two touchdowns.
Fans reacted as follows.
It’s the most Browns thing ever to trade for a receiver needing to prove something and then paying him $60 mil before he proves anything at all…
— Alex @ Venuse 🏈🏀⚾️✌🏻 (@AlexVenuse) March 19, 2024
A lot of guarantees there for just a J-A-G. 🤷🏿♂️
— ZIM (@zimwhodey) March 19, 2024
19 mil for Jerry Jeudy is wild 😂
— 𓃵 (@Goaty_Szn) March 19, 2024
put his agent in the HOF
— SweatStain (@xBearDownx) March 19, 2024
HOLY OVERPAY
— PickensBurgh🫡 (Tino) (@PickensBurgh) March 19, 2024
HOLY OVERPAY WTFF 😭😭😭😭😭
— 𝕒𝕓𝕪𝕤𝕤 ☔️ (@hiighabyss) March 19, 2024
This is a robbery without a gun 😂
— Fausi (@thatguyfausi) March 19, 2024
You paying all that money for JERRY JEUDY??
— JOKER PICKZ 🃏 (@JokerPickz) March 19, 2024
60 milly for a receiver who can’t break 1,000 yards 😭
— THUMP (@THump) March 19, 2024
Don’t focus on the 58. 41 is the real number. 13.6 GTD for a second option is about the market rate. In a tough division and conference the Browns need him. Besides they gave Watson the bag so they need to give him all the weapons they can
— The Ultimate Lineup (@TULStyle) March 19, 2024
Browns just hand out money to dudes with character issues lol. What could go wrong?
— Thomas Viskovich (@TVisko) March 19, 2024
Congratulations to @jerryjeudy on the contract extension with the Browns! Big shoutout to @chriscabott and @equitysports for securing this deal. Exciting times ahead! 🏈💰 #Browns #NFL
— Muhammad Saeed (@saeedmalik91) March 19, 2024
The Browns really paying that much for 50 receptions a season??? pic.twitter.com/Isl6BBChRb
— John Kline Artwork (@johnnysmooth) March 20, 2024
There are so many teams overpaying their WRs with Mooney, Davis, Ridley, and now this. This is a bad signing for a mid WR who has been far from showing great potential or flashes. It’s a poor way to manage your cap, especially when you’re paying so much for one of the worst…
— Let’s talk about sports (@My_sports_rants) March 19, 2024
They gonna have to move the team once that Watson cap hit takes effect 😭
— Big O (Stinsons Shooting Supply) (@therealOStinson) March 19, 2024
That’s a lot for Jeudy, good for him.
— Penn State FB Thoughts (@PSU_FB_Thoughts) March 19, 2024
this overpay might be worse than the Ridley overpay
— Philly Sports Guru (@phlsportsguru) March 19, 2024
Okaaaaay 🫴 💰 pic.twitter.com/PFVi2c1Dnc
— M🏀nsterTripDubber (@chuck_manz) March 20, 2024
What a terrible signing, but to be fair, bad organizations continue to be bad. It’s one of the worst signings so far in this free agency. This signing gets a grade of C-.
— Let’s talk about sports (@My_sports_rants) March 19, 2024
Browns love burning money just to watch guys underperform, eh?
— Lorenzo Sorice (@lorenzosorice) March 19, 2024
The #Browns and WR @jerryjeudy have agreed to a three-year contract extension worth up to $58 million, including $41 million fully guaranteed at signing, per me and @TomPelissero.
The deal was negotiated by @equitysports CEO @chriscabott. pic.twitter.com/ozzyd4Qps8
— Ian Rapoport (@RapSheet) March 19, 2024
The Cleveland Browns when it comes to overpaying washed players
pic.twitter.com/wUBMlPClT9 https://t.co/8B5OcgRlA3
— PickensBurgh🫡 (Tino) (@PickensBurgh) March 19, 2024
