2018 Outlook: Thomas has handled a target share of at least 23 percent in each of the past seven seasons (9.2 per game), including 26 percent in 2017 (8.6). He has finished no lower than 16th among wide receivers in fantasy points during that span, though 16th is exactly where he has finished each of the past two campaigns. Thomas has ranked in the top 10 at the position in targets each of the past four seasons, but he hasn't eclipsed six touchdowns in a single campaign since 2014. Thomas has been a high-floor producer, and he's a candidate for better numbers after Denver's quarterback upgrade to Case Keenum. Thomas is a solid WR2.
2018 Outlook: Freeman was selected by Denver in the third round of the draft after posting 5,621 rushing yards (seventh-most all time) during his time at Oregon. Freeman averaged 5.9 YPC (2.3 YAC) during his four seasons with the Ducks. He is a big back at 5-foot-11, 229 pounds and has pretty good speed (4.54-second 40-yard dash) for his frame. Freeman is unlikely to be heavily involved as a receiver in the NFL but did catch 79 passes during 51 games at Oregon. It's fair to wonder if 947 carries have worn Freeman down a bit, but the 22-year-old figures to immediately step into a large role in Denver, with Devontae Booker as his top competition. Freeman is a back-end RB2.
2018 Outlook: Sanders missed four games last season, which limited him to his first fantasy season worse than 32nd since his rookie campaign in 2012. Sanders wasn't his normal productive self during the 12 weeks he was active, ranking 41st at the position in fantasy points, though Denver's horrific quarterback play was a big factor. Sanders has averaged a target share of at least 23 percent in each of his four seasons with the team. He has handled 8.7 targets per game and eclipsed 1,000 receiving yards three times during that span. Positioned for a sizable role and with Case Keenum now under center, Sanders is a strong bounce-back candidate and in the WR3 discussion.
2018 Outlook: Booker, a 2016 fourth-round pick, has been given multiple opportunities to emerge as Denver's feature back, but he simply hasn't seized the job. Booker's career 3.60 YPC is fourth-worst among 38 backs with 200-plus carries since he entered the league. Booker has been better as a pass-catcher (61 catches for 540 yards in two seasons), and though Denver might give him another look as its lead back, it's more likely that he settles in as a backup and/or passing-down specialist behind third-round pick Royce Freeman. Booker is worth a look only late in your draft.
2018 Outlook: Denver's defense has been a fantasy force for a while now, but it appears the unit has fallen from elite status. After posting back-to-back top-two campaigns, the Broncos' D/ST fell to 13th in fantasy in 2017 -- its worst finish since 2011. The unit managed only four top-10 weeks (21 teams had more). The trade of star corner Aqib Talib breaks up the league's top cornerback trio, though the additions of fifth-overall pick Bradley Chubb and Su'a Cravens figure to help. Denver still has some star power in the form of Von Miller, Chris Harris Jr. and Derek Wolfe, but this isn't the dominant unit from a few years ago.
2018 Outlook: Henderson was limited to nine touches after being selected in the sixth round of the 2017 draft. The Coastal Carolina product is 5-foot-7, 208 pounds with small, 29-inch arms. He ran a solid 4.48 40-yard dash at last year's combine and is capable as both a rusher and receiver. He's undersized but quick and is tough enough to produce after contact. Third-round pick Royce Freeman is the best bet to lead the Denver backfield in 2018, but Henderson is a sleeper worth monitoring in a unit that also includes Devontae Booker.
2018 Outlook: Butt tore his ACL during the 2016 Orange Bowl and missed his entire rookie season after Denver selected him in the fifth round of last year's draft. The Michigan product is a solid pass-catcher with good hands, but he isn't very fast or athletic. Butt is expected to work as Denver's in-line tight end, and Jeff Heuerman is his top competition for the team's starting gig. Butt is unlikely to make much noise in fantasy in 2018, but stash him in dynasty leagues.
2018 Outlook: Keenum takes over as the starter in Denver after a career-best season in 2017, when he completed 68 percent of his 481 attempts for 3,547 yards, 22 touchdowns and 7 interceptions. Keenum's completion percentage trailed only Drew Brees (72 percent) for best in the league, and he was charted as off-target 14 percent of the time, which was third best (Drew Brees, Carson Palmer). Keenum posted the eighth-most fantasy points during the 14 weeks he was on the field for at least 90 percent of the pass plays. For all intents and purposes, Keenum was a fringe QB1. His supporting cast isn't quite as good in Denver, but he will have Demaryius Thomas and Emmanuel Sanders at his disposal. Keenum should be viewed as a back-end QB2.
2018 Outlook: Henderson was selected in the third round of last season's draft, but he missed his entire rookie campaign with a thumb injury. He entered the league after a highly productive final collegiate season in which he posted 1,668 yards and 21 touchdowns from scrimmage. Henderson is on the small side (5-foot-11, 199 pounds), but he's fast, quick, versatile and sure-handed. Demaryius Thomas and Emmanuel Sanders will continue to handle a ton of work, but both are now in their 30s, leaving Henderson to compete with rookies Courtland Sutton and DaeSean Hamilton for No. 3 duties. Henderson will be a fine late-round flier in the event that he locks down slot duties.
2018 Outlook: The Broncos selected Sutton in the second round of April's draft. At 6-foot-3, 218 pounds, Sutton is one of the year's biggest rookie receivers. He's a possession receiver who produces well after the catch and compares his game to Anquan Boldin. Sutton crushed it at the combine, especially in the three-cone, short and 60-yard shuttles. He's a poor bet for immediate production with Demaryius Thomas and Emmanuel Sanders in the fold, but he will be a good speculative add if one of the two starters is injured.