But even before the Giants traded Toney, rumors circulated that they might be interested in going out and getting help at wide receiver. Denver Broncos receiver Jerry Jeudy has been brought up as a potential target by the Giants over the past two days.
There have been reports that there is interest in Jeudy from around the NFL. The former 15th overall pick was viewed as one of the top receivers in the 2020 NFL Draft and has a considerable advantage despite the slow start to his career. And while reporters in Denver said the Broncos currently have no plans to move Jeudy, that doesn’t mean they can’t change their minds.
Denver’s (potential) reluctance to trade Jeudy aside, there are some stumbling blocks to overcome. The first would be the potential trade compensation. while the Giants acquired a compensatory third-round pick for Toney, Jeudy could command a second-round pick if the Broncos view him as a potential long-term asset for Russell Wilson. That price might be too steep for the Giants, who want to build through the draft.
The other consideration is the ever-present specter of the salary cap.
The Giants only have about $3.2 million in cap space as of this writing (according to OverTheCap) and getting Jeudy would also mean getting his fully guaranteed $1.9 million salary. While the Giants could afford it, they would be left with precious little cap space to deal with any injuries that might occur during the final nine games of the season. While trading Kadarius Toney noticed a bit of a salary cap hit, it’s only around $800,000.
The Giants have an obvious need at wide receiver, and we could see Joe Schoen look to the trade market for help now. There are a number of receivers being brought up as potential options in addition to Jeudy, such as DJ Moore, Chase Claypool or Elijah Moore.
The Broncos have had one of the most surprising starts in the NFL, plunging to an embarrassing 2-5 record after acquiring Russell Wilson in the offseason. They reportedly received “competitive” trade offers for EDGE Bradley Chubb, and a loss this weekend could spark a fire sale ahead of a roster rebuild.
To be clear, there are no concrete reports on the Giants’ plans between now and the trade deadline. However, the chatter is getting loud enough for us to at least pay attention.