Browns WR Jerry Jeudy signs 3-year extension

Cleveland Browns wide receiver Jerry Jeudy signed a three-year contract extension on Tuesday.

Multiple outlets reported the contract is worth up to $58 million -- including $41 million guaranteed at the signing -- but details were not confirmed by the team. Jeudy was heading into the final year of his contract this season.

He was acquired by the Browns on March 9 from the Denver Broncos in exchange for fifth- and sixth-round picks (135th and 202nd overall) in the 2024 NFL Draft.

"I want to be somewhere that wants me to be there. I want to be home," Jeudy said. "When I stepped in the building, just the energy and excitement that I received when I got there, that made me feel welcomed. I feel like it's a fresh start. It's going to be exciting just to be able to be somewhere new, especially having all the great guys on the team. So, it's just going to make things a lot easier for me and just better."

Jeudy, who turns 25 next month, is receiving a fresh start after being selected by the Broncos with the 15th overall draft pick in 2020 out of Alabama. They picked up his fifth-year contract option last May, signing him to a $12.99 million deal for 2024.

With the Browns, Jeudy will join Amari Cooper (1,250 yards, five touchdowns in 2023) and Elijah Moore (640 yards, two TDs) as a key target for quarterback Deshaun Watson.

"When we acquired Jerry via trade this spring, it was with the vision that he would become a core member of our offense in 2024 and beyond," said Andrew Berry, the Browns executive vice president of football operations.

"He is a scheme-versatile receiver with high-level ability to separate against man coverage and a diverse number of ways to produce on the perimeter or in the slot.

"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."

Last season, Jeudy appeared in 16 games (11 starts) for the Broncos and tallied 54 catches for 758 yards and two touchdowns.

In four seasons in Denver, he gained 3,053 yards on 211 receptions and added 11 touchdowns in 57 games (44 starts).