Then Jeudy is who you want to keep. They should offload Courtland Sutton on somebody if they want to pick up some draft capital. I know Jeudy may bring the most back, but he's their top target and still cheap for 2 more years.
Really cheap for 1 more year, then market. The bigger problem is... what can you get for Sutton? A 5th? And you have to eat a big cap hit that eliminates all of the cap space you currently have? That doesn't make you better. And then you have to pick up the 5th year option, and now you're looking at a 2nd contract for Jeudy.
Plus while he was their #1, it was not by that much, and without Patrick. The year before, both Patrick and Sutton outperformed him.
So their thought process is:
Option 1: Do nothing, keep all 3 WRs, no draft capital, small amount of cap space this year.
Option 2: Trade Sutton, lose 3rd WR production, but still solid top 2, low end draft capital, no cap space at all (might have to re-work some deals)
Option 3: Trade Jeudy, lose 3rd WR production but still solid top 2, good draft capital, small cap space this year
Edit- this is something that always seems to come up... of course you'd rather trade a worse player on a not good contract for good things, but that's not how trades work, if you want good draft picks you have to trade good players with good contracts. The Broncos are going to be paying at least 2 WRs a bunch of money next year, if trading the highest upside one gets you a lot more in return you probably do it, because you can afford to take the downgrade (which might not even be a downgrade) at WR, and the other options won't bring back value.