Here are Saturday’s taxi squad moves around the NFL:
Chicago Bears
Houston Texans
Miami Dolphins
Philadelphia Eagles
Pittsburgh Steelers
Seattle Seahawks
The NFL’s latest trade deadline featured eight Tuesday trades, but a total of 22 in-season swaps occurred this year. Some teams made multiple trades; several others stood pat. Two of the biggest trades in deadline history went down this week.
While not quite on the Herschel Walker/Eric Dickerson level, the Sauce Gardner blockbuster rivaled the Rams’ Jalen Ramsey addition from 2019. Like the Ramsey exchange, the Gardner value brought two first-rounders and another asset (wide receiver Adonai Mitchell, in this case) for a 25-year-old All-Pro cornerback. Barely an hour later, the Jets followed through with a teardown by sending Quinnen Williams to the Cowboys for first- and second-round picks and defensive tackle Mazi Smith.
As we detailed Wednesday in the latest Trade Rumors Front Office post, the Jets’ perspective brought strong value for young players toiling on a downtrodden team. The three first-rounders plus the 2026 second will give New York’s new decision-makers a chance to retool while having assets to either find a quarterback in the draft or trade for a veteran. While it will be difficult to replace Gardner and Williams, the Jets’ Darren Mougey-Aaron Glenn regime made the decision to cash in their top assets to launch a true rebuild — one that suddenly features plenty of QB ammo.
From the Colts’ perspective, Gardner brings an accomplished starter at a young age. Indianapolis received a player signed through 2030, though New York’s contract structure on the July extension limited the Gardner dead money to $19.75MM — far less than the Dolphins just took on for Ramsey or what the Saints absorbed upon trading Marshon Lattimore last year.
The Colts, after building from within for years, now have three high-cost DB contracts added this year in the Gardner accord and those given to Charvarius Ward and Camryn Bynum. Tied for the best record in the AFC (at 7-2), the Colts made a move and watched the Patriots, Broncos, Bills and Chiefs hold off on buyer’s trades.
Dallas’ stance is a bit more complicated. The Cowboys went from trading Micah Parsons for two first-rounders ahead of his age-26 season to acquiring Williams, who will turn 28 in December. The team still has three first-round picks between 2026 and ’27, but sending the higher-value ’27 first to the Jets strips away a prime asset for a player not on Parsons’ level.
Jerry Jones harped on the team’s run defense upon acquiring Kenny Clark in the Parsons trade, but that unit has faceplanted this season. Williams joins Clark and Osa Odighizuwa in a suddenly pricey Dallas D-tackle corps, and the longtime Jet had angled for a contract rework — something the Cowboys may now have to navigate.
The Cowboys also added Logan Wilson, after trying to grab Quincy Williams from the Jets in a two-brother trade, but the younger Williams brother represents the obvious talking point here. Dallas’ interior D-line is well stocked. Will Quinnen Williams help transform a sub-.500 Cowboys team in the way Amari Cooper did after the team surrendered a first at the 2018 deadline?
Deadline day also brought two wide receiver moves. The two wideouts most likely to be traded were, in fact, dealt. The Jaguars gave up fourth- and sixth-round picks for the Raiders’ Jakobi Meyers, a deal that may have crystalized the Rashid Shaheed market. Shaheed cost the Seahawks fourth- and fifth-round choices.
Meyers will help the Jags replace Travis Hunter and provide some stability in a receiving corps also dealing with a Brian Thomas Jr. injury. Shaheed joins a surging Seattle squad, reuniting with 2024 New Orleans OC Klint Kubiak, and will be an interesting complementary piece for All-Pro candidate Jaxon Smith-Njigba. With Smith-Njigba, Shaheed, Cooper Kupp and rookie Tory Horton, the Seahawks look to have one of the NFL’s best receiving cadres.
Jacksonville also engaged in a cornerback swap, prying contract-year cover man Greg Newsome from the Browns in October. Newsome has started two games with the Jags and has incentive to perform well this season, as he is uncontracted for 2026. Tyson Campbell is signed through 2028, giving the Browns some cost certainty — albeit now carrying two upper-crust CB contracts, along with Denzel Ward‘s — at a premium position.
Cleveland did not aggressively sell, keeping its guards, David Njoku and other rumored trade assets, though they did do Joe Flacco a solid — to Mike Tomlin‘s chagrin — by trading the demoted QB within the division. Flacco immediately became the Bengals’ starter and has rejuvenated Cincy’s offense.
The Jags also collected fifth- and sixth-round picks from the deadline’s top buyer. The trade-happy Eagles finished their 2025 by making 12 trades (excluding pick-for-pick transactions). In-season, Philadelphia made four. Following the Bigsby move, the defending champs acquired cornerbacks Michael Carter II and Jaire Alexander during their bye week, before sending the Dolphins a third-rounder for Jaelan Phillips. Philly now has Brandon Graham and Phillips in an edge-rushing corps housing Nolan Smith and Jalyx Hunt. Carter and Alexander provide potentially better answers compared to Adoree’ Jackson and Kelee Ringo alongside Quinyon Mitchell and Cooper DeJean.
The Rams quietly bolstered their CB contingent by obtaining Titans contract-year slot player Roger McCreary, while Tennessee also sent Dre’Mont Jones to Baltimore. The Ravens added Jones and Alohi Gilman, the latter becoming an immediate starter and helping maximize All-Pro Kyle Hamilton. Jones, who has 4.5 sacks this season, replaces Odafe Oweh — traded to the Chargers in the Gilman swap — in Baltimore’s OLB rotation. A former 3-4 defensive end, Jones gives Baltimore some pass rush options after Gilman supplied them with a deep safety. Gilman is also in a contract year.
While the Dolphins did not dive into full sales mode, retaining Jaylen Waddle and Bradley Chubb, after parting with longtime GM Chris Grier, they did obtain a third-round pick for Phillips — who is in his fifth-year option season. The Chargers also added two more trades before the 3pm buzzer Tuesday, most notably adding Trevor Penning — a three-position starter for the Saints — for a late 2027 draft choice. A contract-year blocker, Penning will be an option for a battered Bolts’ tackle corps.
The Steelers’ long-rumored wide receiver quest did not lead to a deal, but the team did add veteran safety Kyle Dugger, who had fallen out of favor with the Patriots despite signing an eight-figure-per-year extension as a transition-tagged player in 2024.
Who do you think did the best job at this year’s deadline? Vote in PFR’s latest poll and weigh in with your thoughts in the comments section.
Here are Thursday’s minor transactions:
Chicago Bears
Denver Broncos
Houston Texans
Las Vegas Raiders
Miami Dolphins
Philadelphia Eagles
Pittsburgh Steelers
Leal, a third-round pick out of Texas A&M in 2022, has failed to live up to his draft stock thus far in the NFL. After only seeing game time in three games this year, he’s been waived to make room for the defensive tackle Pittsburgh signed off of the Chiefs’ practice squad yesterday.
Huzzie, after spending much of his rookie season on the reserve/non-football injury list, is being sent to waivers. Should he clear them, it’s expected that he’ll return to Houston on a practice squad deal.
The modern NFL features four clear trade windows. While the Cowboys and Steelers’ George Pickens swap showed moves can be made at other points on the NFL calendar, early March, the draft, the late-August 53-man roster-setting date and the November deadline reside as the primary points trades occur around the league. On that note, it is a good time to check in on what has transpired on the trade market ahead of today’s deadline.
Excluding pick-for-pick trades, here are the moves NFL teams have made thus far in 2025:
49ers chose running back Jordan James at 147
Rams traded pick to Vikings, moving up to No. 172 for linebacker Chris Paul Jr.
Seahawks chose quarterback Jalen Milroe at 92
Seahawks used No. 52 to trade up (via the Titans) 17 spots for safety Nick Emmanwori, drafted running back Damien Martinez at 223; Steelers selected quarterback Will Howard at 185
Texans added wide receiver Jaylin Noel at 79, sent 236 to Jaguars in Day 2 trade; Commanders chose wideout Jaylin Lane at No. 128
Eagles used No. 164 to climb one spot (via Chiefs) in first round for linebacker Jihaad Campbell
Bills took Ohio State cornerback Jordan Hancock at 170; Cowboys chose guard Ajani Cornelius at No. 204
Titans drafted running back Kalel Mullings at No. 188; Cowboys chose running back Phil Mafah at 239
Vikings packaged No. 187 in trade-down move (via Texans); 49ers drafted safety Marques Sigle at 160
Patriots traded down from No. 171 (via Lions) to draft kicker Andres Borregales; Cowboys chose defensive tackle Jay Toia at 217
Seahawks selected defensive lineman Rylie Mills at No. 142; Vikings traded No. 172 to Rams
Pick could upgrade to fourth-rounder if performance-based conditions are met
2026 fifth-round pick (from Bryce Huff trade) could upgrade to fourth-rounder, which would be sent to Jacksonville if 49ers DE meets those conditions
Higher of Cowboys’ two 2027 firsts will go to Jets in Williams trade
With lots of roster movement surrounding the trade deadline, practice squads needed rearranging, as well. Here are today’s practice squad updates:
Atlanta Falcons
Baltimore Ravens
Buffalo Bills
Carolina Panthers
Chicago Bears
Detroit Lions
Green Bay Packers
Houston Texans
Indianapolis Colts
Kansas City Chiefs
Los Angeles Chargers
Los Angeles Rams
Miami Dolphins
New England Patriots
Philadelphia Eagles
Pittsburgh Steelers
San Francisco 49ers
Seattle Seahawks
Tennessee Titans
The Texans are bringing Wright on as an emergency option as regular kicker Ka’imi Fairbairn works through an injury. Wright has plenty of experience in this role as this will be his fourth team this year alone.
Here are Tuesday’s minor transactions after a busy trade deadline:
Arizona Cardinals
Atlanta Falcons
Baltimore Ravens
Chicago Bears
Dallas Cowboys
Denver Broncos
Detroit Lions
Green Bay Packers
Los Angeles Chargers
Philadelphia Eagles
Seattle Seahawks
Washington Commanders
Usually when a player retires in the middle of the season, it’s a free agent who hoped they’d find a home due to the attrition of the regular season but never do. Rarely do we see active players like Lovato retiring partway through a campaign like this. Lovato is choosing to go out on his own terms, though, as it appears he was close to being released. Los Angeles only signed Lovato just before the season because its regular long snapper, Josh Harris, got hurt and placed on the team’s injured reserve with a designation to return. Harris returned to practice last week, so seeing the writing on the wall, Lovato is saving the Chargers the trouble of releasing him.
Kane had been a core special teamer for the Ravens since getting drafted out of the seventh round last year but had been made a healthy scratch in each of the team’s past two games. Jackson, though, has emerged as a standout on the unit over three practice squad elevations. The Ravens wanted Jackson to keep playing, so he’ll take Kane’s spot on the 53-man roster.
Reed’s time on Seattle’s active roster was short-lived. They’ll likely plan for him to sign back to the practice squad, but he’ll have to clear waivers before they can bring him back. The same is expected of Davis in Dallas.
The Eagles made a trade addition along the edge yesterday. The team’s pass rush could receive an internal boost in the near future as well. 
Nolan Smith has been designated for return from injured reserve, per a team announcement. The move allows him to return to practice and opens his 21-day activation window. If Smith is not brought onto the active roster within that span, he will be sidelined for the remainder of the season.
A strained triceps muscle landed Smith on IR in September. That injury dealt a blow to Philadelphia’s EDGE room, one which has since undergone plenty of changes. Za’Darius Smith retired shortly into his Eagles tenure, while Brandon Graham has returned to the franchise after hanging up his cleats. Most recently, Jaelan Phillips has been acquired in a trade with the Dolphins.
Phillips is a pending free agent, but the Eagles parted with a third-round pick to acquire him. The 26-year-old can be expected to handle a heavy workload upon arrival, and it will be interesting to see how fares during his second stint working with defensive coordinator Vic Fangio. Once Smith is back in the fold, he will look to form a strong tandem along the edge with Phillips.
The 2023 first-rounder developed into a starter during his second campaign, notching 6.5 sacks. Smith was a first-team presence to begin the current season before going down. Remaining healthy the rest of the way will be critical to the Eagles’ chances of repeating as Super Bowl champions. It will be interesting to see if he is activated in time for the team’s Week 10 contest.
The Eagles have six IR activations remaining for the year. Smith will (just like cornerback Jakorian Bennett) account for one when he is brought back into the fold, something which will provide a needed spark to Philadelphia’s pass rush group.
At least one member of the Dolphins‘ pass rush tandem will be on the move ahead of the trade deadline. A deal involving Jaelan Phillips was discussed late Sunday night, with the terms emerging early Monday morning. 
The Dolphins are sending Phillips to the Eagles, as first reported by ESPN’s Adam Schefter. A 2026 third-round pick is heading the other way. Schefter clarifies the selection Miami is acquiring is Philadelphia’s own (one of two picks in that round the team had). The deal is now official.
This move represents yet another piece of midseason business on the part of Eagles GM Howie Roseman. The team had already swung three trades since the beginning of the campaign, with the two most recent deals (for Michael Carter II from the Jets and fellow cornerback Jaire Alexander from the Ravens) being aimed at adding depth on defense. Pass rush remained an area of concern heading into the deadline, however. As such, many pointed to Philadelphia as a destination for an edge rusher in general and Phillips in particular. This swap was discussed for more than one week, Albert Breer of Sports Illustrated adds.
The 26-year-old overlapped with Vic Fangio in 2023. Fangio was in Miami as the team’s defensive coordinator for that campaign before taking on the same role with the Eagles. That season, Phillips notched 6.5 sacks despite being limited to just eight games. The former first-rounder only managed to play four games last season, and injury concerns were a talking point with respect to his trade value. Nevertheless, Phillips – alongside teammate Bradley Chubb – has long been mentioned as a player on the radar of interested teams. He is attached to his fifth-year option, making this a rental move.
Phillips’ base salary for 2025 ($13.25MM) made him one of the more expensive options in terms of finances, even with a portion of that figure already having been paid out. To help facilitate this deal, Miami is taking on money. Ian Rapoport of NFL Network reports the Dolphins are retaining some of Phillips’ remaining salary in return for a higher draft pick. The Dolphins converted $5.13MM of Phillips’ remaining base salary into a signing bonus, per Field Yates of ESPN.com. The Eagles will pay Phillips a $1.5MM salary through the end of the season.
A third-rounder appears to be a relatively steep price for a rental, but the Eagles have been in need of help along the edge all year. The defending Super Bowl champions lost Josh Sweat in free agency and traded away Bryce Huff this past offseason. Za’Darius Smith elected to hang up his cleats during the campaign, while Brandon Graham recently unretired to play a 16th season with Philadelphia.
When Graham makes his season debut, it will be as a depth member of a defensive end group now featuring Phillips along with the likes of Nolan Smith (when healthy) and Jalyx Hunt. Phillips has handled a snap share of 71% or higher three times in his career, and a notable workload can be expected down the stretch as a member of the Eagles. Returning to the form he showed under Fangio would provide a critical boost to Philadelphia’s front seven while also helping his free agent stock (something which would be welcomed since the UCLA and Miami alum has notched just three sacks in 2025).
For the Dolphins, meanwhile, this news comes as little surprise. The decision to move on from general manager Chris Grier came just before the trade deadline, leading many to believe a shift in approach would take place. Indeed, reports from the past few days have indicated interim GM Champ Kelly will be more willing to entertain offers leading up to tomorrow afternoon’s deadline. It will thus be interesting to see if more moves are coming for Miami, a 2-7 team which will use the remainder of the season to evaluate head coach Mike McDaniel‘s job security.
As a result of this trade, the Dolphins now have three third-round picks in 2026. That capital will be key in helping the team add needed cost-controlled players moving forward, regardless of who is in place as general manager by the time April’s draft takes place. As for the Eagles, they entered Monday with roughly $11.5MM in cap space. This Phillips deal will eat into that figure but room for even more activity on the trade front could exist if Roseman finds a low-cost rental in the near future.
Today’s practice squad moves:
Cincinnati Bengals
Philadelphia Eagles
Pittsburgh Steelers
The Eagles continue to stay aggressive in the trade market, even attacking for a rare Saturday acquisition. The latest move sees them send a 2026 sixth-round pick to the Ravens in exchange for cornerback Jaire Alexander and a 2027 seventh-rounder, per Adam Schefter of ESPN. A team announcement of the trade further reports that safety Marcus Epps and outside linebacker Azeez Ojulari have been placed on injured reserve.
Alexander was considered one of the league’s more intriguing free agents this offseason after the Packers were unable to work out a trade agreement anywhere and released the veteran corner to the open market. In the days following his release, there were a few reports of teams who weren’t interested in pursuing Alexander, but after eight days of free agency, he landed in Baltimore with his former college teammate, Lamar Jackson.
After seeing injuries keep him out of over half of the past two seasons, Alexander was dealing with a knee issue in Baltimore’s training camp, but he found his way off the injury report in time to debut in Week 1 of the season. Alexander had an extremely poor showing against Josh Allen and the Bills, and the Ravens reacted by making him a healthy scratch for the next three games. He was active again in Baltimore’s Week 5 home blowout at the hands of the Texans and again the following week against the Rams, but he didn’t see the field in Week 6. After the team’s bye week, Alexander was made a healthy inactive for their last two games.
There doesn’t appear to be any bad blood between Alexander and the Ravens. In fact, according to Jeff Zrebiec of The Athletic, Baltimore has “raved about how well he’s handled (his benching), how hard he’s worked to stay ready.” Ultimately, despite his desire to play, the Ravens didn’t have an immediate path to playing time for the veteran.
Today’s trade will provide that opportunity to Alexander while relieving the Ravens of $2MM of cap space. Zrebiec points out that the extra sixth-rounder, which originally belonged to the Broncos, gives Baltimore eight picks for the 2026 NFL Draft, and there’s an expectation the team could receive as many as three compensatory picks, as well. With additional cap space and a bevy of theoretical draft picks, the Ravens are well set up to continue their own pursuits in the trade market.
For the Eagles, this is their eighth trade since the beginning of August, and two of the others also included the acquisition of cornerbacks. Trades rarely ever occur on Saturdays, with game prep normally dominating the schedule, but the stars aligned for this deal to happen. With the Eagles on a bye week and the Ravens coming off a victory Thursday night, both staffs have an advantage that 26 other teams don’t get to enjoy — the Dolphins (Thursday night) and the Browns, Jets, and Buccaneers (bye) also get this advantage.
Despite Philadelphia’s secondary housing two of the NFL’s stronger cornerbacks in Quinyon Mitchell and Cooper DeJean, the team’s depth at the position has been sorely lacking. Thus, two CB trades this week, the other being the Michael Carter II acquisition from the Jets. The lack of depth provides a clear road for Alexander to get onto the field, and the Eagles are willing to roll the dice on Alexander’s injury history and his struggles in Baltimore, as long as it takes a bit of stress off Mitchell and DeJean.
The move also reunites Alexander with passing game coordinator and defensive backs coach Christian Parker, whose first NFL job came as a Packers defensive quality control coach working with defensive backs in Alexander’s second and third years in the league. Excluding pick-for-pick trades, this Alexander move is the Eagles’ 11th trade of 2025.
While Epps has mostly played on special teams this year, losing Ojulari hurts an already ailing position group. We detailed yesterday how the Eagles could be focusing on addressing the pass rush before the deadline, and with Ojulari landing on IR, it becomes much more likely that Philadelphia will stay aggressive in the trade market.
