Broncos' Trade-Up for WR Marvin Mims Jr. Was 'Near Perfect'
The Denver Broncos surprised many by making two draft-day trades up the board. It came as a surprise because the Broncos entered the 2023 NFL draft with just five picks and moving up with limited capital is a difficult task.
But the Broncos pulled off a trade to move into the second round to select Oklahoma wide receiver Marvin Mims Jr., then pulled another trade to move up into the third round to select defensive back Riley Moss.
Jason Fitzgerald of Over the Cap evaluated the draft-day trades for all teams, using the draft pick value chart he and Pro Football Focus analysts Brad Spielberger created.
Fitzgerald cited the Broncos for pulling off what he called a "near perfect" trade in the move up the board to select Mims with the 63rd overall pick. He noted that the Broncos got a pick back, the 183rd overall pick, from the Detroit Lions. As Fitzgerald noted:
The Broncos pulled off a near perfect trade giving up just 104 points to make the move from 68 to 63 to draft Marvin Mims. This was pulled off by making sure that they got the 183rd pick in return from the Lions. In almost every other trade the team moving up would not have landed a late pick as part of the trade. Perhaps this meant that Detroit was really interested in moving down. In any event the cost of this trade was basically giving up a UDFA.
You can see the full list of trades in terms of points given up and gained, and the equivalent pick. That includes the trades up the board for Mims and Moss.
The Broncos gave up more in terms of draft points to select Moss — the seventh most of any trade up the board. A future third-round pick to move up from the fourth, back into the third, was a bit steep, so some may have increased expectations for Moss.
When all was said and done, the Broncos made five selections in the 2023 draft, acquired a player in a draft-day trade, and now have seven picks in 2024. That 2024 number could change if the Broncos deal any players at some point.
While it may depend on the draft value chart you use, the evidence suggests that the Broncos minimized their risk in the move-up for Mims but took more risk in the trade-up for Moss.
But, as everyone knows, what ultimately counts is how the players perform. Let's see what Mims and Moss can do.
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