Texans Officially Trade Ryan Fitzpatrick To Jets For Late-Round Conditional Pick

Update:

The New York Jets announced that they’ve officially acquired QB Ryan Fitzpatrick from the Texans in return for a late-round conditional draft pick.

We have traded for QB Ryan Fitzpatrick.

Details- http://t.co/3O6wWItDaK pic.twitter.com/lNAyp3P3I2

— New York Jets (@nyjets) March 11, 2015

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ESPN’s Adam Schefter reports that the Texans are, in fact, trading QB Ryan Fitzpatrick to the Jets for a late-round conditional draft pick.

• Fitzpatrick has already confirmed that he has been traded to the Jets. (Brian T. Smith)

Texans are trading QB Ryan Fitzpatrick to the New York Jets for a late-round conditional draft pick, per a league source.

— Adam Schefter (@AdamSchefter) March 11, 2015

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Albert Breer and Kimberly Jones are reporting that the once Brian Hoyer officially signs with the Texans, they could begin working on a trade that would send QB Ryan Fitzpatrick to the Jets.

According to the report, this could happen quickly, as the two sides have already discussed a potential deal.

Previous reports had said that the Jets were planning to pursue Fitzpatrick if he was made available, so this isn’t the most surprising news, especially when you consider that the Texans will have signed two quarterbacks.

There’s also the fact that new Jets GM Mike Maccagnan previously worked for the Texans and is more than familiar with Fitzpatrick.

Fitzpatrick, 32, still has one year remaining on his two-year, $7.5 million contract and would make a base salary of $3.25 million for the 2015 season.

According to OverTheCap.com, trading Fitzpatrick would free up $3,250,000 in available cap space while creating $625,000 in dead money.

In 2014, Fitzpatrick threw for 2,483 yards while completing 63.1 percent of his passes to go along with 17 touchdowns and eight interceptions. Pro Football Focus has him rated as the No. 12 quarterback out of 39 qualifying players.