In a crucial move aiming at fortifying their squad, the Denver Broncos have come to terms with seventh-round draft picks, wide receiver Devaughn Vele and offensive lineman Nick Gargiulo.
This report, supplied by Parker Gabriel of the Denver Post, is an acquisition strategy prior to the upcoming minicamp weekend.
Broncos agree to terms with seventh-rounders Devaughn Vele and Nick Gargiulo. https://t.co/qDoEHTw455
— ProFootballTalk (@ProFootballTalk) May 8, 2024
The two newcomers, Vele and Gargiulo, are expected to pen their contracts once they arrive at this weekend’s minicamp.
Vele’s contract stands at a value of four years, covering $4.124 million, with a generous signing bonus of $104,480.
Contrastingly, Gargiulo’s deal spans over four years, with the total value reaching $4.1 million, sporting an $80,732 signing bonus.
Despite these promising contracts, Denver’s team management still has some negotiations left on their plate.
Key drafts, quarterback Bo Nix, edge rusher Jonah Elliss, wide receiver Troy Franklin, corner Kris Abrams-Draine and running back Audric Estime have not yet reached an agreement.
However, there remains a substantiated optimism for potential agreements in the near future.