Ian Rapoport of NFL Media reports that the Texans are closing in on a trade for Broncos WR Demaryius Thomas for a mid-round pick. According to Rapoport, the two sides are finalizing the trade right now.
- Adam Schefter reports that the Texans are trading fourth- and seventh-round picks for Thomas and a seventh-round pick.
- Schefter says that by trading Thomas to Houston, Denver sheds $4 million in cap space this season and $14 million next season.
The Texans were among the teams in the market for receiver help and it looks like they were able to get this deal done.
Earlier reports mentioned that the Patriots, Titans, and Eagles were also interested to some extent in Thomas.
Denver’s motivation to trade Thomas comes down to rookie Courtland Sutton and their belief that he’ll be an impact player for them.
Thomas, 30, is a former first-round pick of the Broncos back in 2010. Hein in the fourth year of his five-year, $70 million contract that included $43.5 million guaranteed and stands to make base salaries of $8.5 million and $14 million over the final two years of the agreement.
The Broncos picked up Thomas’ $4 million option this past March.
In 2018, Thomas has appeared in seven games for the Broncos and caught 33 passes for 372 yards receiving and three touchdowns.
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