Joly was cut by the Broncos on Sunday, Zac Stevens of TheDNVR.coms reports.
Joly was the No. 152 overall pick in the 2026 NFL Draft. The 22-year-old began his collegiate career at Connecticut before spending his final two seasons at NC State, where he most recently amassed 49 catches for 489 yards and seven touchdowns. Joly could draw interest from more than a few NFL teams, though it may come as a member of a practice squad.