The Denver Broncos have signed former University of Utah wide receiver Devaughn Vele to his initial four-year contract, according to 9New's Mike Klis .
The Broncos selected Vele in the seventh round (235th overall) in the draft.
Vele's contract is projected to be $4.124 million on his four-year pact, with a $104,480 signing bonus, according to the Denver' Post's Parker Gabriel. The 6-4 Vele is projected to be a backup pass-catcher, who may fight for time along the front lines of Sean Payton's passing attack. Vele looks to help fill the void that was left by wide receiver Jerry Jeudy , who was traded in the offseason to the Cleveland Browns .
Vele is among the first batch of Broncos' draftees to sign their rookie contract. Fellow seventh-round pick Nick Garguilo and fifth-round pick Audric Estime also signed their respective four-year contracts on Wednesday.
The contracts are set to become official when rookie minicamp starts on Friday, May 10.
