The article also says that Denard is projected as a high second round pick... I can't see a team taking a player that early to play a position he has never played before (let alone having no idea whether or not he can catch or run routes). I think it's more likely he is a late third to fourth rounder.
“The player development is the main thing I like (about Michigan),” Williams said. “You can see that they develop their players. They get them in the gym and they work them hard. And their hard work pays off.”