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Grade Denver Broncos sign WR Mike Woods
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Sentiment Analysis
C-
Mixed
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Denver adds depth at receiver with a low-risk, high-upside camp signing. Multiple outlets confirm Woods earned a tryout spot after impressing at rookie minicamp. The 6-foot-1 frame suggests NFL physical tools, but off-field concerns temper enthusiasm significantly. Fans debate whether Denver's receiver room needed reinforcement or roster spots better spent elsewhere. Woods faces steep odds making the final 53-man roster without immediate production.
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Contract Value Index (CVI)
C+
Fair Value
OverpayFair ValueGreat Value
Mike Woods earns a C+ Contract Value Index (CVI) on his one-year, $1.075M signing with Denver—a depth-piece acquisition that makes marginal financial sense but carries modest upside risk. At $1.075M AAV, this is a league-minimum–adjacent deal that demands virtually nothing from the Broncos' cap sheet and presents zero dead-money exposure; the low financial commitment means the downside is essentially neutral. Woods enters a receiving room on a 14-3 AFC West leader in playoff positioning, where snap counts and production opportunities will hinge entirely on preseason performance and injury attrition ahead of the September 10 regular season kickoff. The CVI grade reflects what this deal is: a low-stakes, high-floor veteran or prospect tryout that poses no cap penalty if it doesn't work out, but also offers limited ceiling given the nominal investment. Denver is signaling patience and depth-building rather than desperation, which is consistent with a team holding the #1 seed; the contract structure allows the org to evaluate performance risk-free during the remaining 94 days before games count. This is efficient roster management in the preseason window—not a statement move, but exactly the kind of minimal-risk, minimal-reward transaction a contender should be making.
Contract Details
- Length
- 1 year
- Total Value
- $1.1M
- AAV
- $1.1M
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About this NFL transaction
The Denver Broncos signed Mike Woods (WR) on May 12, 2026. FanVerdicts covers every reported NFL move — and asks fans to weigh in on each one. Cast your Fan Verdict on this move, see where the crowd lands, and argue the call. FanVerdicts brings its own read too — sentiment and Contract Value Index — as one honest input alongside the crowd's. Where FanVerdicts has weighed in so far: Contract Value Index C+, Sentiment C-.
Contract details below show the years, total value, average annual value, and guaranteed money behind the Contract Value Index read. That read does not change once written — it reflects market expectations at the moment of signing, recomputed only if the contract is restructured.
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