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TRADE: Jets Trade Up To No. 3 Overall With Colts

The Indianapolis Colts announced Saturday that they’ve traded the No. 3 overall pick in the draft to the Jets for the No. 6, No. 37, No. 49 picks and a 2019 second-round selection.

  • According to Ian Rapoport, the Jets explored all options for this trade including the possibly moving up to No. 1 with the Browns.
  • In regards to the Colts, Rapoport says that they fielded calls from other QB-needy teams, but felt good about moving back to No. 6 overall and making the deal with the Jets.

Here’s the official announcement from the Colts:

The Jets are clearly moving up to ensure that they’ll get one of the top quarterback prospects in this year’s draft, which shouldn’t come as a big surprise after they missed out on signing Kirk Cousins.

This a steep price to trade up three spots in the first round, but there was expected to be a lot of interest in the Colts’ No. 3 pick and it appears as though the two teams felt it was best to make the trade now and not wait any longer.

As for the Colts, they could use the extra picks, as they continue to overhaul their roster under second-year GM Chris Ballard and new HC Frank Reich.

We’ll have more regarding the Colts and Jets’ draft plans as the news is available.