"We're excited to be able to announce a trade with Jacksonville for A.J. Bouye," Broncos President John Elway said of Bouye. "He's a great fit in [head coach] Vic [Fangio]'s system with his instincts, ball skills, toughness and ability to play in a defense that mixes coverages.
"In addition to having the size on the outside to match up against larger receivers, A.J. is an excellent tackler. He's a complete cornerback who gives us what we need in both pass coverage and against the run."
According to Mike Klis of 9News, the Broncos intend to honor the remainder of Bouye's contract. He's owed $13.4375 million in 2020 and $13.5 million in 2021.
Per Klis, the Jaguars had other options on the trade market but the player preferred Denver and the team honored that.
Bouye started all 43 games he's played in since he joined the Jaguars in 2017.
The former undrafted free agent spent his first four seasons with the Houston Texans before breaking out in 2017 with Jacksonville, totaling six interceptions and earning his first Pro Bowl selection.
With Jalen Ramsey earning first-team All-Pro honors that year, the Jaguars had one of the best cornerback duos in football as the squad went all the way to the AFC Championship Game.
Ramsey has since been traded to the Los Angeles Rams while Bouye is off to Denver, continuing a major rebuilding process in Jacksonville after a 6-10 season. ESPN's Adam Schefter noted the team at least had a lot of draft capital to add talent:
Meanwhile, Denver adds a reliable cornerback who could potentially replace Chris Harris Jr. if the free agent leaves this offseason.
After finishing 11th against the pass last season, the Broncos could be even tougher after adding Bouye.