Denver Broncos wide receiver Courtland Sutton. Troy Taormina-USA TODAY Sports

Jerry Jeudy exited the trade-rumor cycle that has engulfed the Broncos’ receiving corps for the past 18 months, finally being moved to the Browns. Courtland Sutton, particularly after his recent contract issue surfaced, remains in this mix.

The Broncos are not believed to want to trade Sutton, but ESPN.com’s Jeremy Fowler notes the team has received several calls from clubs about the six-year veteran. Two years remain on Sutton’s 2021 extension (four years, $60M), calling into question how motivated the Broncos will be to adjust his deal.

Sutton, 28, emerged as Russell Wilson‘s top target in Sean Payton‘s offense. The 6-foot-4 target totaled a career-high 10 touchdowns, some of the acrobatic variety, during a season in which Denver’s offense depended on his playmaking. The Broncos keeping Sutton on their roster through the first week of the 2024 league year guaranteed $2M of his 2024 base salary ($13M). The rest of Sutton’s deal — which includes a $13.5M 2025 base salary — is nonguaranteed.

The guarantees here are partially behind Sutton staying away from the early part of Denver’s offseason program, though team brass has communicated with the former second-round pick. The Steelers, with Wilson now on a veteran-minimum deal, have been linked as a team to monitor regarding a receiver trade. Sutton would make sense due to his deep-ball skills and rapport with Wilson.

Although Broncos GM George Paton has seen his tenure skid off track thanks to the Nathaniel Hackett hire and Wilson trade/extension, the Sutton extension looks fairly team-friendly now after the 2022 offseason brought a WR market boom. 

After Calvin Ridley‘s $24M-per-year deal headlined this year’s free-agency run at the position, Sutton’s $15M AAV sits 23rd at the position. Jeudy’s $17.5M-per-year Browns pact also tops his former teammate’s number, and the inconsistent ex-first-rounder is tied to $41M fully guaranteed. That figure, despite the new Cleveland resident’s upper-middle-class AAV, ranks fourth at the position.

The Jeudy trade makes Sutton more important in Denver, which has him in place as its clear WR1 right now. Marvin Mims showed promise last season, but the 2023 second-rounder could not carve out a steady role. Tim Patrick remains on the team, albeit after taking a substantial pay cut, but has not played since 2021 due to two season-nullifying injuries. Denver added complementary target Josh Reynolds

Not expected to draft a wideout in Round 1 — the Broncos are in on QBs, as you may have heard — the Payton-Paton duo will have a harder time augmenting the group due to the lack of a second-round pick.

Denver collected only fifth- and sixth-rounders for Jeudy. This came after the team held out for a first-round pick last year and received an offer of third- and fifth-rounders at the 2023 deadline. The Broncos set a second-round price on Sutton last year and nearly traded him to the Ravens — before the Odell Beckham Jr. signing — though it is not known if Baltimore was close to that Round 2 compensation.

With the draft serving as another loose deadline in the Sutton saga, this situation will be worth monitoring — perhaps up to Day 3, based on the Jeudy compensation — as will any Broncos receiver picks this weekend. If Brandon Aiyuk and Tee Higgins are not available, teams could turn to Sutton, who has become a long-term trade candidate.

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