Denver and New Orleans finalized a midweek deal that sends Devaughn Vele to the Saints in exchange for a 2026 fourth-round pick and a 2027 seventh-round pick. Vele, a 27-year-old seventh-round pick from 2024, flashed enough rookie versatility to earn a path to more involvement, while the Broncos pick up valuable future capital. In New Orleans, Vele joins a crowded but intriguing WR room headlined by Chris Olave and Rashid Shaheed, with Brandin Cooks, Cedrick Wilson Jr. and Mason Tipton providing veteran depth and youthful upside behind Olave. The Saints’ passer game now has more tempo and competition for targets, which could create weekly volatility but also meaningful upside for a player who lands in a favorable offense.

Vele’s rookie numbers—41 grabs for 475 yards and four touchdowns—show a player with usable speed and route-running, capable of carving out a role in subpackages or as a gadget option. In New Orleans, Olave remains the clear alpha, Shaheed offers big-play speed, and the veteran Cooks plus Wilson Jr. round out the top mix, with Tipton awaiting his chance to contribute. Fantasy managers should watch how quickly Vele can adapt to the Saints’ playbook and how the Saints divvy up reps behind Olave; if Vele earns a defined role, he could emerge as a versatile depth option with occasional boom weeks in a potentially potent but crowded offense.