The Broncos’ 2024 draft class is all signed and ready to roll.
Denver agreed to terms with fourth-round wide receiver Troy Franklin on his four-year rookie contract and Franklin signed it Saturday, the team announced.
Franklin, drafted No. 102 overall with the second pick of the fourth round, is the last of Denver’s seven draft picks to sign his rookie contract.
The slot value according to OvertheCap data: Four years and $4.875 million with a signing bonus of $854,836.
Franklin will count $1.009 million against Denver’s 2024 salary cap.
The standout receiver was rookie quarterback Bo Nix’s top target at Oregon the past two seasons, hauling in 81 catches for 1,383 yards and 14 touchdowns in 2023 alone and racking 2,274 yards and 23 touchdowns over the past two seasons.
“He’s an eager learner and he’s excited,” head coach Sean Payton said earlier this offseason. “He’s a player that is going to play inside the numbers, but he’s a player that obviously can play outside these numbers.”
Rookies who don’t sign their contracts right away can still participate in the offseason program under an injury wavier, so Franklin hasn’t missed time or fallen behind for being the last to sign his deal.
Denver’s third and final week of organized team activities begins Tuesday and then the club’s mandatory three-day minicamp runs June 11-13 before summer break arrives.
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