Wentz traded to Colts

The 2021 NFL quarterback carousel has taken another turn. This time, the Philadelphia Eagles are sending Carson Wentz to the Indianapolis Colts.

Philly will receive a 2021 third-round draft pick as well as a 2022 second-round pick as trade compensation. The 2022 pick can become a first round pick if Wentz plays at least 75% of the Colts' offensive snaps during the 2021 season.

Wentz was the 2nd overall pick in the 2016 NFL Draft. He threw for nearly 4000 yards as a rookie and became an All-Pro during his second season. In that second season, Wentz went down with an injury after leading the Eagles to a 11-2 start. Nick Foles would replace him and help Philly win its first Super Bowl title. Unfortunately, Wentz has regressed substantially since that MVP-like season--making him expendable for the new regime.

The trade reunites Wentz with Colts head coach Frankl Reich, who was Wentz's offensive coordinator for that season. The Colts will hope Reich will be able to work some magic and get Wentz back to form.

The move makes second-year QB Jalen Hurts the top QB in Philadelphia for now. It is still entirely possible, even likely, that the Eagles will try to sign a veteran in a talented market or draft someone in April-- giving rookie head coach Nick SIrianni and his staff someone to mold.

The Eagles will also take on the largest single dead-cap hit in league history at a reported $33.8 million. If you're unfamiliar with dead-cap, it is essentially the remaining amount of money a team owes to a player that no longer plays for them that counts toward the annual salary cap.