Broncos agree to deal with Round 2 WR Marvin Mims

Tomasson adds that the four-year, $6.07M deal will include a signing bonus of $1.41M and guaranteed money for the first two seasons. The Broncos had experienced a slightly longer negotiating period with Mims compared to their later draftees, but they have now secured all but one member – third-round linebacker Drew Sanders – of their draft class.

Denver made a small move up the board to select Mims with the No. 63 pick. Doing so added further to their stable of receivers, a position group which has been the subject of plenty of trade talk and speculation this offseason. Both Courtland Sutton and Jerry Jeudy have been the source of interest from other teams, but each now appears likely to remain in the Mile High City. The latter had his fifth-year option picked up, keeping him in the fold through 2024. Sutton’s deal runs through 2025.

The younger brother of Denzel Mims, Marvin spent his college career at Oklahoma. Across his three seasons there, he established himself as a dangerous vertical threat, averaging 19.5 yards per catch and scoring 20 touchdowns. His best season came in 2022, when he recorded 1,083 yards and six scores on 54 receptions. Those totals helped make Mims the eighth receiver to hear his name called during the draft.

KJ Hamler was drafted in 2020 to provide the Broncos with a deep threat, but his NFL career has been marred by injuries. The former second-rounder has been limited to 23 games (six starts) in three years, so Mims could compete with him for playing time right away. With Hamler entering the final year of his rookie contract, his performance relative to Mims in particular could go a long way in determining his future in Denver.