NFL Trade Verdict

Philadelphia sent Houston a 2024 third-round pick for No. 105…

Philadelphia sent Houston a 2024 third-round pick for No. 105 in the 2023 draft and selected cornerback Kelee Ringo. Ringo played all 51 regular-season games over his first three seasons with eight starts, an interception and five passes defensed. Houston preserved the higher future draft asset, which became pick No. 86 before another trade. The direct exchange produced legitimate value for both sides and remains essentially even.

Houston Texans Received

  • pick 2024 3rd round pick (86th overall, subsequently traded)

Philadelphia Eagles Received

Trade Analysis

What Changed Hands

The direct transaction was straightforward: Philadelphia sent its 2024 third-round pick to Houston for pick No. 105 in the 2023 draft. The Eagles used No. 105 on Georgia cornerback Kelee Ringo. Houston's future selection became No. 86 in 2024 and was later moved in another transaction. A separate same-day trade involving picks 191, 230 and 248 is not part of this exchange and should be evaluated independently.

Why Philadelphia Liked Ringo

The Eagles traded future draft value for a player they did not want to leave the board. Ringo rewarded that decision with availability and depth. He played all 17 regular-season games in each of his first three seasons, starting eight total. His rookie year included an interception and two passes defensed, and he remained active on defense and special teams through 2025. For a late fourth-round selection, 51 games of contribution is meaningful.

How Houston Preserved Draft Leverage

Houston's side should be judged on the direct asset it received, not on unrelated picks from the later deal. The Texans converted No. 105 into a future third-rounder, a classic move that increases nominal draft value by waiting a year. That pick ultimately landed at No. 86, giving Houston a materially stronger draft position than the one it surrendered before the club moved the asset again.

Final Verdict

Both teams earn B- grades. Philadelphia received a durable contributor in Ringo and avoided the uncertainty of waiting a year. Houston successfully converted a fourth-round position into a future third-round asset and retained flexibility. Neither realized return clearly overwhelms the other, so the corrected direct package supports an Even Trade.

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