These are the first two draft picks to sign their rookie contracts for the Browns.
Peoples-Jones, 21, was selected by the Browns with the No. 187 overall pick in the sixth round.
Peoples-Jones is projected to sign a four-year, $3,481,606 contract that includes a $186,606 signing bonus.
During his three-year college career at Michigan, Peoples-Jones caught 103 passes for 1,327 yards receiving and 14 touchdowns over the course of 37 games.