Trades in the NFL are much less common than the NBA, MLB AND NHL. The complexities of the NFL salary cap make it much more difficult to make a lot of trades.
In the last three seasons, the Cowboys have made three trades that been interesting to say the least. In two of those trades it remains to be seen how effective they have been for the team’s long term success.
I want to look at those trades, the thinking behind them, and if that thinking is going to help the team in the long run.
Here are the last 3 trades we have made:
- 2023 - Acquired QB Trey Lance from the 49ers for a 4th round pick. Lance had two years left in his rookie contract.
- 2024 - Acquired WR Jonathan Mingo and a 7th round pick from the panthers for a 4th round pick. Mingo has two more years on his rookie deal.
- 2025 - Acquired WR George Pickens and a 2027 6th round pick from the stealers in exchange for a 2026 3rd round pick and a 2027 5th round pick. Pickens is in the final year of his rookie contract.
Evaluations of those trades:
- The Lance trade: An absolute train wreck. Did not help the team in the short or long term. Gave up a 2024 4th round pick and ended up playing Lance in one regular season game over two seasons. Even after the 2024 season was lost, the team chose to play Cooper Rush at QB after Dak was hurt and both QBs were gone in 2025. Lance was paid $5.3 million his last year here. Which was only $700k less than what the ravens paid Derrick Henry in 2024. Lance was released last spring.
- The Mingo trade: Still too early…BUT…as it stands right now, we gave up a 4th round pick for a backup WR. Even if he ends up being the 3rd WR, is that a smart use of a 4th round pick? No. In fairness, if Mingo eventually develops into a #2 WR, maybe it can be considered a good trade.
- The Pickens trade: Obviously remains to be seen. Pickens is a real talent and he will certainly help this team NOW. But he’s on the last year of his rookie deal. Do we think we can afford two high paid WRs? Will this FO pony up?
My only problem with the Pickens trade is why make that trade if you aren’t “going for it” this year? If he ends up not re-signing here, he becomes a one year rental in exchange for 3rd and 5th round picks of the future.
We have to hope for the best with Mingo and Pickens. But as we say all the time, “Hope is not a strategy”.