Examining Final Stage Of WR Trade Market

The top dominoes on the wide receiver trade market have likely fallen. Third-round picks changed hands in the Davante Adams and Amari Cooper swaps, and DeAndre Hopkins will join Adams as a Hall of Fame candidate — one who can now bolster his case by moving the needle for a Chiefs threepeat bid.

Diontae Johnson also wound up in a second trade this year, albeit for lower-than-expected compensation. This offseason also brought the likes of Stefon Diggs, Keenan Allen and Jerry Jeudy being traded, marking another busy year — both contractually and transactionally — at the position.

More pieces figure to be moved before the deadline. Here is where things stand with the remaining trade chips at the receiver position:

Likely departures

Darius Slayton, Giants

This Giants regime attempted to move on from Slayton two years ago, leaving the proven target out of the starting lineup into training camp and cutting his pay on a rookie contract. Slayton ended up mattering quite a bit in Brian Daboll‘s first year, which produced a surprise playoff berth despite Kadarius Toney and Kenny Golladay producing next to nothing and Sterling Shepard and Wan’Dale Robinson suffering season-ending injuries. Slayton, as he has throughout his career, remained a reliable albeit unspectacular Daniel Jones weapon. Slayton, 27, has led the Giants in receiving four times since being a 2019 fifth-round pick but has never eclipsed 800 yards, illustrating the long-running issues plaguing this aerial attack.

Malik Nabers arrived as a result of those issues (and the Patriots passing on the Giants’ trade-up bid for Drake Maye), but Slayton has not been marginalized. The sixth-year wideout, with 420 yards in eight games, is on pace for a career-high total. He continues to aid Jones, but with the Giants falling to 2-6 and having a Commanders matchup on tap, teams will call on Slayton. Linked to several big-name receivers this year, the Steelers are believed to be interested. The Texans may be lurking as well.

Just more than $1.3MM remains on Slayton’s through-2024 contract, and although a recent report pointed to a high asking price, this remains the best chance for the Giants to collect an asset for a player they did not extend — despite the veteran’s efforts to secure better terms — this offseason.

Mike Williams, Jets

Williams is 30, coming off an ACL tear and on a team that has rendered him to the periphery following the Adams acquisition. The free agency pickup combined for one reception since Adams’ Week 7 debut and has just 11 catches for 160 yards in eight games as a Jet. With Allen Lazard regaining steam with Aaron Rodgers healthy, it is unsurprising the Jets started shopping Williams in earnest immediately after the Adams trade. Just more than $2.3MM will remain on the former top-10 pick’s contract after tonight’s game; the Jets will wait until after their Week 9 matchup to see if a worthwhile offer emerges.

Considering the rumor volume here, enough smoke exists to predict a second Williams separation from a team this year. The Saints and Steelers have pursued him, though at 2-6, New Orleans no longer profiles as a buyer despite being in on Adams weeks ago. The Jets also are in a seller’s position, though GM Joe Douglas‘ job being on the line may keep the subtractions to a minimum. The Chargers are 4-3 and have inquired about bringing the 2017 draftee back, despite cutting him in March.

Lazard’s Thursday IR placement does throw a wrench in teams’ potential plans to trade for Williams. He was previously viewed as a near-certainty to be dealt. It would be interesting if that injury prompted the Jets to take Williams off the market due to the high-stakes circumstances tied to this season.

A to-be-determined Patriot

Three separate Pats wideouts — K.J. Osborn, Tyquan Thornton and trade-rumor fixture Kendrick Bourne — have been tied to potential moves. At 2-6, New England will need to aim for some moves before next week’s deadline. Bourne, 29, has indicated he would like to stay to help the team’s Drake Maye-fronted rebuild. In addition to Thornton being one of many highly drafted Bill Belichick wideouts who have failed to take off in Foxborough, second-year target Kayshon Boutte has griped about his role.

This fluid situation will almost definitely involve one trade. Osborn, Bourne’s rumor regularity notwithstanding, may be the more likely veteran piece New England deals. The Pats are believed to be shopping he and Bourne, despite the latter having re-signed (on a three-year, $19MM deal) in March. The 49ers, who wanted Bourne back during Brandon Aiyuk trade talks with the Patriots this summer, appear to be standing down at the position following Aiyuk’s injury. The Pats signed Osborn for one year and $4MM, but just $1.18MM consists of base salary, providing relative value for teams, as Osborn has two 600-plus-yard seasons as a Vikings slot on his resume.

Calls coming in

Tee Higgins, Bengals

Carson Palmer‘s quasi-retirement and a Jason Campbell injury producing a monster offer (first- and second-rounders) brought the Bengals to make a deadline trade; Carlos Dunlap becoming a malcontent before the 2020 deadline keyed another such move. Teams have asked about Higgins for a while, as the former second-rounder requested a trade in March. Despite a failure to complete an extension with Ja’Marr Chase this offseason, the Bengals have made it clear the younger WR is their long-term priority.

Higgins is tied to a $21.8MM franchise tag tender, being the only 2024 tag recipient not extended this offseason. Couple that $10MM-plus salary number, if traded after Week 9, and the Bengals’ past and it is a mortal lock the longtime Chase wingman finishes the season in Cincinnati. Higgins, 25, could be re-tagged in 2025, giving the Bengals another window to move on if/once they hold onto him at this year’s deadline.

Cooper Kupp, Rams

The Rams made news earlier this month by both confirming they had received calls on Kupp and a separate report suggesting the team was shopping him. The Chiefs, Bills and Steelers are among the teams to discuss Kupp with the Rams; Kansas City is believed to have preferred Kupp to the player ultimately acquired (Hopkins). But the Rams have won two straight, the second of which featuring Kupp and Puka Nacua back at work.

Sean McVay has all but confirmed Kupp is not going anywhere, and the Rams — who had wanted a return that surpassed the Adams price (conditional third-round pick) — have the former triple-crown winner signed through 2026.

D.K. Metcalf, Seahawks

At this season’s outset, Deebo Samuel appeared much less likely than Metcalf to play out a three-year contract inked during training camp in 2022. Now, Samuel is back as the 49ers’ No. 1 wideout (thanks to Aiyuk’s injury) and Metcalf is drawing trade interest. Calls have come in on the sixth-year pass catcher, who is tied to a three-year, $72MM extension that runs through 2025. The Seahawks, however, are not expected to move their top wideout.

Paired with Tyler Lockett for six seasons, Metcalf is a more appealing trade option due to his age (26). Lockett is 32, and while it is worth wondering the Seahawks would be more amenable to moving the older player, no rumors have swirled there. Seattle has hired a new coaching staff and would drop to 4-5 with a loss to Los Angeles this weekend, but it appears the Mike Macdonald-run team will stick with the big-bodied target throughout the season before potentially reassessing ahead of his contract year.

On trade radar

Jakobi Meyers, Raiders

The Raiders did extensive work on the past two quarterback classes, going elsewhere in 2023 and then seeing an effort to trade up for Jayden Daniels predictably fail this year. Las Vegas is between eras at quarterback, with a flood of rumors set to tie the team to the 2025 class undoubtedly coming soon.

The team already picked up a Jets 2025 third-rounder, but with Meyers initially signed to continue working under his three-year Patriots OC (Josh McDaniels), he makes sense as a trade chip as well. Although the Raiders were rumored to want to keep the sixth-year vet, teams are monitoring his status. The Texans, whose GM (Nick Caserio) was in place when the Pats signed Meyers as a UDFA, may be one of them. Meyers’ three-year, $33MM deal runs through 2025; no guarantees are on the accord post-2024.

Josh Palmer, Chargers

Drafted by current Raiders GM Tom Telesco, Palmer is not believed to be in the Jim Harbaugh-run Chargers’ plans much longer. The former third-round pick has been productive in recent years, as injuries to Mike Williams and Keenan Allen proved frequent in that span.

Capable of playing inside and outside, Palmer would be of interest to a team that misses on Slayton — if, in fact, the six-year Giant is moved. The Bolts are believed to be open trading Palmer, potentially wanting someone else to fill in alongside new top target Ladd McConkey. Palmer appears likely to leave as a free agent in March, so it is logical — even at 4-3 — for the Chargers to consider moving on now.

Courtland Sutton, Broncos

Never one to be excluded from rumors during one of the NFL’s trade windows, Sutton remains the Broncos’ top wideout. His purpose is now boosting Bo Nix‘s development, which is going better than most expected. As Nix won NFL Rookie of the Month honors for October, Sutton is still coming up as a candidate to be moved. The Steelers are interested, to the point they may have the ex-Russell Wilson weapon as their lead trade target. This is old hat for the seventh-year player, who has been coming up in trade rumors since the 2022 deadline. Sean Payton confirmed his WR1 drew more interest this year.

Sutton, 29, is tied to a four-year, $60MM deal — one that has become rather team-friendly, especially with no 2025 guarantees in place — that features just a $1.13MM base salary. Because the Broncos restructured the deal for cost-saving purposes, Sutton would tag them with more than $15MM in dead money — an amount that would be spread between this year and next in the event of a trade. The low salary would appeal to trade suitors, but with Wilson set to count more than $30MM against the Broncos’ 2025 cap, taking on another chunk of dead money now would be a curious strategy. Sutton’s exit would come as strange due to his importance to Nix’s growth and the Broncos having declined a third-round offer from the 49ers in August.

Jonathan Mingo, Adam Thielen, Panthers

Thielen is a 34-year-old receiver on a Panthers team early in a rebuild. No guarantees remain on the ex-Viking’s three-year, $25MM contract for 2025, making him a logical trade candidate. This topic came up recently, and despite the Panthers trading Johnson already, it is doubtful they would pass on offers to keep Thielen, who profiles as a 2025 cut candidate. The former Minnesota UDFA, who tacked on a third 1,000-yard season to his resume last season, remains in the IR-return window after a hamstring injury.

A 2023 second-round pick who has not thus far justified his draft slot, Mingo came up recently as a player who is probably not part of the Panthers’ long-term plans. Mingo may have more trade value, despite the accomplishment gap between these Carolina targets, due to his age and contract status. The Ole Miss alum’s rookie deal runs through 2026, though he is sitting on just 12 catches for 121 yards despite not missing a game this season.