NFL Trade Verdict

Even Trade

Denver acquired 2024 6th round pick (207th overall subsequently traded, Michael Jerrell) from San Francisco 49ers for Randy Gregory and 2024 7th round pick (232nd overall subsequently traded, Levi Drake Rodriguez). This was primarily a draft-position exchange, with Denver reshaping its pick stack rather than adding an established player. The grades stay conservative because the historical value depends on how the selected players developed after the swap.

October 6, 2023 Denver BroncosSan Francisco 49ers Confidence: high Tier: minor

Denver Broncos Received

San Francisco 49ers Received

Trade Summary

Denver acquired 2024 6th round pick (207th overall subsequently traded, Michael Jerrell) from San Francisco 49ers for Randy Gregory and 2024 7th round pick (232nd overall subsequently traded, Levi Drake Rodriguez). This was primarily a draft-position exchange, with Denver reshaping its pick stack rather than adding an established player. The grades stay conservative because the historical value depends on how the selected players developed after the swap.

Trade Analysis

Denver acquired 2024 6th round pick (207th overall subsequently traded, Michael Jerrell) from San Francisco 49ers for Randy Gregory and 2024 7th round pick (232nd overall subsequently traded, Levi Drake Rodriguez). This was primarily a draft-position exchange, with Denver reshaping its pick stack rather than adding an established player. The grades stay conservative because the historical value depends on how the selected players developed after the swap. San Francisco 49ers received Randy Gregory and 2024 7th round pick (232nd overall subsequently traded, Levi Drake Rodriguez) and gave up 2024 6th round pick (207th overall subsequently traded, Michael Jerrell).