And just like that, the NFL trade deadline season has come to a close.
This year’s trade deadline was almost unlike any other. We saw trades involving two top-10 picks in the 2024 NFL Draft earlier in the season, before All-Pros and Pro Bowlers got moved in recent weeks.
And the fireworks continued on Monday and Tuesday. The Jacksonville Jaguars landed a pair of Pro Bowl-caliber defensive players on Monday, trading for safety Jessie Bates III and defensive tackle Jordan Davis. On Tuesday, the Minnesota Vikings swung a trade to bring back Kirk Cousins, as it was evident they needed quarterback help.
Let’s grade all the notable deals that occurred in recent days and weeks before Tuesday’s deadline passed.
Chiefs Get WR Josh Downs
Chiefs receive: WR Josh Downs, 2027 seventh-round pick
Colts receive: 2027 fourth-round pick, 2027 fifth-round pick
Ben Arthur: The Chiefs badly needed wide receiver help. A 37-year-old Travis Kelce has been their leading receiver this season. Rashee Rice and Xavier Worthy haven’t given the offense nearly enough. Speedster Tyquan Thornton has been on injured reserve since early in the year.
Josh Downs is one of football’s best slot receivers, a great one-on-one player who can separate and get open on third down. He gives Kansas City another weapon in the middle of the field, taking pressure off tight end Kelce, and creates lighter boxes for running back Kenneth Walker.
Two mid-round picks is not too steep a price and the Chiefs had already been set to receive a compensatory fourth-round pick in 2027 anyway, so the Downs move is equivalent to giving up just one mid-round selection. That’s good business.
The Colts may not have a 2027 first-round pick due to last year’s Sauce Gardner deal, but the team has been able to do the next best thing: load up on mid-round picks. Between the Downs, Quenton Nelson and DeForest Buckner trades, Indianapolis has acquired five selections in the third- to fifth-round range in the next two drafts for its rebuild.
Chiefs grade: B-
Colts grade: B+
Vikings Bring Back Kirk Cousins
Vikings receive: QB Kirk Cousins
Raiders receive: 2027 third-round pick
Henry McKenna: For the Raiders, this makes total sense. They’re going to slip out of the playoff picture, and they might as well move on to their rookie QB, Fernando Mendoza, the former No. 1 overall pick. In the process, the Raiders get a Day 2 draft pick. It’s a nice deal.
For the Vikings, I’m a little skeptical about this move, if I’m totally honest. Yes, Kirk Cousins has been good this year in Las Vegas. And yes, Cousins has excelled in the past in Minnesota. But for the past two years, the Vikings have been jumpy at the quarterback position — changing their QB1 in a (not-so) merry-go-round that has yet to produce the results coach Kevin O’Connell desires.
The team moved to J.J. McCarthy last year — maybe before he was ready. Then this year, the Vikings moved on from McCarthy, which didn’t make sense because they talked a lot about how they were giving him training camp snaps in case he needed to start in the event of an injury. Well, they needed McCarthy this week because Carson Wentz was abysmal filling in for Kyler Murray, who is currently injured.
Murray hasn’t looked all that great, even when healthy. So he appears to be getting the hook, maybe altogether losing his job, with Cousins in the building.
In some ways, Cousins is a deal — at $10 million for this year. But the trade sends a third-round pick to the Raiders, per reports. That’s a high price when the Murray signing was supposed to be all about value. The discounted QB room is getting more and more expensive.
In Minnesota, there’s a plan. Then there’s a new plan. Then there’s a new plan again.
Forgive me for not fully buying this one.
Raiders grade: A
Vikings grade: C+
Bills Get Amani Hooker
Bills receive: S Amani Hooker
Titans receive: 2027 second-round pick, 2027 fifth-round pick
Ben Arthur: Giving up a second-round pick for a 28-year-old at a non-premium position (safety) can look like bad business, but the Bills are built to win a Super Bowl now, and the secondary was their one glaring weakness.
Buffalo ranks 29th in pass defense (238.8 passing yards allowed per game) and 24th in passing touchdowns allowed (15), according to Next Gen Stats. The Bills needed to shore up their back end ahead of the playoffs, and they did that with Amani Hooker, who’s been a good safety for a long time. He’s started 74 games in the NFL. He leads the league this year with five interceptions, three of which came against Bengals QB Joe Burrow. If Hooker helps the Bills reach the Super Bowl, giving up a second-rounder was more than worth it.
The Titans are also justified in believing this is a strong trade. Getting a premium draft pick for an older safety is impressive, even with how well Hooker had been playing this season and his standing as a leader on the team.
Between the Hooker and Jeffery Simmons trades, Tennessee has netted two first-round picks and a second-rounder over the past two weeks. The Titans now have seven selections in the first two rounds of the draft over the next two years. That’s fantastic ammunition for their rebuild.
Bills grade: B-
Titans grade: A+
Jaguars Make Another Swing, Landing Jordan Davis
Jaguars receive: DT Jordan Davis
Eagles receive: 2027 first-round pick, 2029 second-round pick (and clears about $65.4M in future option bonuses)
Ralph Vacchiano: In some ways, it’s the perfect trade between two teams going in polar opposite directions. The Jaguars have the Super Bowl in their sights and they’re sparing no expense to get there. The Eagles are staring at a long rebuilding effort and understand that small deals on the fringe won’t be enough.
Both needed to go big and bold, and they did.
For the Jaguars, though, the deal is a bit of a risk. They are clearly all-in, trading for three defensive players in one day. But they dealt two premium picks for Davis, a player who has been underperforming all season and carries with him a three-year, $78 million contract, much of which will go on Jacksonville’s books.
What they’re counting on is that Davis can become the player he was last season, when he earned that massive contract extension and was a terrific run-stuffer who provided a pass-rushing boost (4.5 sacks). This season, neither of those things has been true, and his role has been diminished, playing only 52% of the Eagles’ snaps. He’s only 26, so maybe he can rebound. But the Jags paid an incredibly high price to find out.
Which is why it was a bigger win for the Eagles, since everything they do now is about cap space and draft capital. With this trade, they now have 10 picks in the first two rounds of the next three drafts, including two firsts in each of the next two years. Dealing Davis also helps them deal with impending cap issues by clearing out most of the extension that officially starts in 2027 and includes more than $65 million in option bonuses they might have had to pay him over the life of the deal.
The Eagles were also dealing from a position of strength, since they have a replacement in mind for Davis in 25-year-old defensive tackle Moro Ojomo. They intend to sign him to an extension and let him anchor their line next to defensive tackle Jalen Carter. Davis was a good player who was underperforming this season. So when given a chance to get exceptional value for him, he quickly became a luxury a rebuilding team simply could not afford.
Jaguars grade: B-
Eagles grade: A+
Jaguars Land Jessie Bates
Jaguars receive: S Jessie Bates III
Falcons receive: 2027 second-round, 2028 fifth-round pick
Greg Auman: For Jacksonville, trading for safety Jesse Bates is a chips-to-the-middle-of-the-table move, giving up a second-round pick and a 2028 fifth-rounder for what could be a nine-game rental. But the Jaguars are 6-2 and have a favorable remaining schedule, so they’re competing not just for the AFC South title but also for the top seed in the conference, which could give them multiple home games.
EverBank Stadium is in the middle of a major renovation, one that will have the Jaguars playing their home games in Orlando and London in 2027, so if there’s an urgency to make the most of this season at any expense to next year, it’s knowing that 2027 will be an unusual circumstance compared to this year.
In adding Bates, the Jaguars are upgrading a strength. They’re second in the NFL in points allowed at 15.1 per game, and third in the league in both interceptions (11) and total takeaways (15). They’ve given up more passing yards — they’re ranked 22nd there — but that’s as much a function of big leads that force opponents to throw more late in games.
The Jaguars lost in the wild-card round last year, so Bates brings postseason experience to the locker room. He made the Super Bowl with the Bengals in the 2021 season and had two interceptions in that playoff run. If Jacksonville can make a deep run in January, Bates could be a key piece of that push.
Bates, a second-team All-Pro safety last year, had been a leader and playmaker on the defensive side for the Falcons and remained productive to the very end, with 14 tackles in Sunday’s loss to the Bengals and forced fumbles in three straight games before that. His sideline interception of 49ers quarterback Brock Purdy helped Atlanta pull off a key home upset as well just two weeks ago.
With Bates in the final year of a four-year, $64 million contract, the Falcons had a chance to shift their focus from the present to the future, gaining much-needed draft capital. Atlanta is only a half-game out of first in the NFC South, and the Falcons’ defense gave up 34 points Sunday with Bates in there, so they’re consciously making this year’s team worse to help the long-term outlook. The Falcons are trying to end one of the league’s longest playoff droughts, failing to reach the postseason since 2017.
The Falcons have enough cap space available that they’ll be active in free agency, so that likely takes away any hesitation related to losing the comp pick they’d get if Bates left in free agency. Still only 29, Bates should draw a market in free agency close to what his last contract was, and that could net the Jaguars a mid-round comp pick if they don’t re-sign him. The Falcons also agreed to pay out much of Bates’ remaining contract this season, which helped them get a higher draft pick in return from Jacksonville.
The Falcons have been smart to lock up their young offensive core in Bijan Robinson, Drake London and Kyle Pitts this year, and even extended defensive tackle Gervon Dexter after acquiring him from the Bears before the season. Does this send a mixed message to this year’s team to trade away such a central player? That remains to be seen.
Jaguars grade: A
Falcons grade: B
Bears Splash For Simmons
Bears receive: DT Jeffery Simmons, 2028 fifth-round pick
Titans receive: 2027 and 2028 first-round picks, 2027 fourth-round pick
Henry McKenna: This is a coup for the Bears, who’ve mortgaged two late first-round picks to secure one of the best DTs in the NFL.
Maybe folks haven’t heard of Simmons like the other superstars — and from my vantage, that’s only because…
1) He has gotten lost in the Titans’ mess.
2) He’s such a humble player and teammate that people just don’t talk about him.
Simmons is just what Chicago needs. The Bears defense has allowed the 10th-fewest points per game, but those numbers look skewed by outings against bad offenses like the Vikings, Eagles and Jets. The Panthers put up 37 against Chicago, the Packers got 31 and the Patriots scored 24.
Before the season, I spoke to a Bears staffer who felt like they’d put the right pieces in place to make a sizable improvement on that side of the ball for 2026 — and I’m not sure they’re there yet. Simmons will get them there. Simmons is 29, and isn’t “young” by NFL standards, but the Bears have plenty of youth.
On the Titans’ side, it must be hard to stomach this, losing a leader and a superstar like Simmons. The return will be tough to convert into a Simmons-type player, but Tennessee can take some solace in the fact that Simmons went 19th overall.
The Titans need to get younger. They need to shape their roster to the new vision. These picks will help them do that. (But of course, the turnover has been so constant that I can’t help but wonder … whose vision will it be?)
Bears grade: A
Titans grade: B+
49ers Get DeForest Buckner Back
49ers receive: DT DeForest Buckner
Colts receive: 2027 fourth-round pick
Eric D. Williams: The Indianapolis Colts shipped Buckner back to the team that selected him as the seventh overall pick of the 2016 draft as part of that team’s fire sale. Indianapolis received a fourth-round pick for the 32-year-old rangy defensive tackle. A cornerstone for the Colts defensively, Buckner has four sacks, eight quarterback hits and 31 combined tackles in seven games.
Buckner should give San Francisco a pass rush boost. The 49ers finished with a league-low 20 sacks last season and this year hasn’t been much better, with 15 sacks (tied for 20th) so far this season. The 49ers are expecting the team’s best pass rusher, Nick Bosa, to return at some point this season from a calf injury. Paired with his former teammate in Buckner, the two should form a potent pass-rushing tandem for San Francisco, which is expected to compete for a deep postseason run.
For the Colts, they get some draft compensation to start the rebuilding process after a disappointing start to the season that led to the firing of general manager Chris Ballard. But they’re also giving up a foundational player who is still productive and a leader within their organization and still has good ball left in him.
The draft compensation is on the low side for a player of Buckner’s stature, even though he’s on an expiring contract and set to hit free agency at the end of this year.
49ers grade: B+
Colts grade: C+
Seahawks Land Quenton Nelson
Seahawks receive: G Quenton Nelson
Colts receive: 2027 third-round pick, 2028 fifth-round pick
Ben Arthur: This was a brilliant move by Seahawks general manager John Schneider. In Nelson, an eight-time Pro Bowler and six-time All-Pro selection, Seattle gets a massive boost for Sam Darnold’s protection and an anchor upfront for what’s been an uneven rushing attack through seven weeks.
With the Seahawks set to receive a third-round pick for losing executive Nolan Teasley, who became the Minnesota Vikings’ general manager, the team still has a third-round selection for 2027. And Seattle is also set to receive two fifth-round compensatory picks this year (free-agent departures of Kenneth Walker III, Riq Woolen), so a 2028 fifth-rounder is even more palpable than it already was for a player of Nelson’s caliber.
The Nelson deal kicked off the Colts’ fire sale and was necessary, as Indianapolis needs all the picks it can get to supercharge a rebuild without a first-round pick.
Seahawks grade: A
Colts grade: B+
FOX SPORTS NEWSLETTER
Your teams. Your sports. Your inbox.
Follow your favorite leagues, teams and players for a personalized daily newsletter.
Sign up for the newsletter
Create or log in to your FOX Sports account.
Source