NFL Trade Verdict

Houston Oilers Win

Denver sent All-AFL lineman Bud McFadin and the 1965 No. 2 overall pick — the slot that became Joe Namath — to Houston for a two-year loan of quarterback Jacky Lee. This remains one of the most damaging transactions in early AFL history. Denver rented a short-term quarterback while surrendering a premium draft slot and a proven defensive cornerstone. The lend-lease structure obscured the cost at the time, but Namath's rise into a league-defining star made the trade look catastrophic in hindsight.

November 27, 1964 Denver BroncosHouston Oilers Confidence: high Tier: major

Denver Broncos Received

Houston Oilers Received

Trade Summary

Denver sent All-AFL lineman Bud McFadin and the 1965 No. 2 overall pick — the slot that became Joe Namath — to Houston for a two-year loan of quarterback Jacky Lee. This remains one of the most damaging transactions in early AFL history. Denver rented a short-term quarterback while surrendering a premium draft slot and a proven defensive cornerstone. The lend-lease structure obscured the cost at the time, but Namath's rise into a league-defining star made the trade look catastrophic in hindsight.

Trade Analysis

Denver sent All-AFL lineman Bud McFadin and the 1965 No. 2 overall pick — the slot that became Joe Namath — to Houston for a two-year loan of quarterback Jacky Lee. This remains one of the most damaging transactions in early AFL history. Denver rented a short-term quarterback while surrendering a premium draft slot and a proven defensive cornerstone. The lend-lease structure obscured the cost at the time, but Namath's rise into a league-defining star made the trade look catastrophic in hindsight. Houston Oilers received Bud McFadin; 1965 first round pick (#2-Joe Namath) and gave up loan of Jacky Lee (for 1964 & 1965 seasons).