NFL Trade Verdict

Las Vegas Raiders Win

Seattle traded QB Geno Smith to Las Vegas for a 2025 third-round pick later used on QB Jalen Milroe. Smith's Seahawks revival was one of the best veteran quarterback stories of the 2020s, so moving him signaled a major roster pivot. The return gave Seattle a Day 2 swing at quarterback upside and cap flexibility, but the long-term grade depends on whether Milroe becomes more than a developmental bet. B- is appropriately cautious for a post-peak veteran trade with an unfinished outcome.

March 7, 2025 Seattle SeahawksLas Vegas Raiders Confidence: high Tier: major

Seattle Seahawks Received

Trade Summary

Seattle traded QB Geno Smith to Las Vegas for a 2025 third-round pick later used on QB Jalen Milroe. Smith's Seahawks revival was one of the best veteran quarterback stories of the 2020s, so moving him signaled a major roster pivot. The return gave Seattle a Day 2 swing at quarterback upside and cap flexibility, but the long-term grade depends on whether Milroe becomes more than a developmental bet. B- is appropriately cautious for a post-peak veteran trade with an unfinished outcome.

Trade Analysis

Seattle traded QB Geno Smith to Las Vegas for a 2025 third-round pick later used on QB Jalen Milroe. Smith's Seahawks revival was one of the best veteran quarterback stories of the 2020s, so moving him signaled a major roster pivot. The return gave Seattle a Day 2 swing at quarterback upside and cap flexibility, but the long-term grade depends on whether Milroe becomes more than a developmental bet. B- is appropriately cautious for a post-peak veteran trade with an unfinished outcome. Raiders acquired veteran starter for mid-round pick – reasonable value.