Broncos Were Only Interested In Cooper Kupp, Stefon Diggs At Reduced Rate; Team Still In Veteran WR Market?

Prior to his March release, the Broncos were reportedly uninterested in trading for former Rams receiver Cooper Kupp. Once Kupp became a free agent, though, there was said to be mutual interest in a Kupp-Denver relationship.

[RELATED: Cowboys, Patriots Balked At Kupp’s Asking Price]

Nonetheless, Mike Klis of 9News.com hears the Broncos’ involvement in the Kupp sweepstakes was cursory at best, thanks largely to the receiver’s asking price. If the club could have landed the Super Bowl LVI MVP at a discounted rate, it might have done so. But once it became clear no discount would be forthcoming, Klis said Denver did not pursue Kupp (who ultimately signed a three-year, $45MM deal with the Seahawks).

The Broncos were never publicly connected to Stefon Diggs, whose reworked contract with the Texans expired at the end of the 2024 season. Klis says the club would have been interested in Diggs if he could have been had at a discount, but as was the case with Kupp, it soon became apparent the four-time Pro Bowler was not interested in a pillow contract. And he did not need to be, as he recently signed a three-year, $69MM accord with the Patriots.

To be clear, Klis is not suggesting Denver was motivated by frugality here. Head coach Sean Payton said back in February that he felt more highly of his cadre of wideouts than some league observers, and assuming that was not simply coach-speak, it stands to reason that the club would not overextend itself for 30-something WRs who are dealing with recent injury and production concerns.

The team was prioritizing a tight end upgrade, and it accomplished that goal by scooping up Jaguars cap casualty Evan Engram, who should provide a notable boost to the passing game. Plus, even though their Kupp and Diggs interest did not get past the preliminary stage, the fact that they made inquiries at all suggests to Klis that the Broncos – Payton’s comments notwithstanding – are still in the veteran receiver market. Which makes sense, given the lack of proven production on the team’s depth chart behind WR1 Courtland Sutton.

In Klis’ estimation, Keenan Allen and Elijah Moore are two of the most logical free agents for Denver to pursue, with Tyler Lockett representing another possibility. Adding a player like that would lessen the team’s urgency to select a wideout early in April’s draft while also providing a worthy complement to Sutton and breakout candidate Marvin Mims.