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The Broncos and Saints are striking a deal one week before rosters are cut down to 53 players.
Denver is trading wide receiver Devaughn Vele to New Orleans in exchange for a 2026 fourth-round pick and a 2027 seventh-round selection.
The Broncos selected Vele in the seventh round of the 2024 NFL Draft out of Utah. The 27-year-old amassed 41 receptions for 475 yards and three touchdowns during his rookie season.
The Saints and Broncos go head-to-head in their preseason finale on Saturday in New Orleans.
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