We now have a three-trade Wednesday, as Sean Payton will do business with Mickey Loomis. The Broncos are sending wide receiver Devaughn Vele to the Saints, NewOrleans.football’s Nick Underhill reports.
Although Vele was only a seventh-round pick, he showed promise as a rookie. As a result, the Broncos will gain a strong return on investment. The Saints are sending the Broncos a 2026 fourth-round pick and a 2027 seventh-rounder, ESPN’s Adam Schefter reports.
Three years remain on Vele’s rookie contract. The Broncos have seen promising preseason work from both Troy Franklin and rookie third-rounder Pat Bryant. With Bryant profiling as a big-bodied outside receiver, Vele’s place in Denver’s passing attack may well have been foggier as a result of the Illinois product’s arrival. Now, he will join a Saints team that experienced significant injury trouble at receiver last year — but one that has now added multiple pieces in 2025.
More to come.