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You're probably right -- I saw what TribuneUK posted about the Chiefs trading for Alex Smith with one season remaining at $17 million. Still, I'd want to have something worked out with Newton ASAP to prevent him from being a one-year rental. That uncertainty about re-signing/extending is likely what kept Alex Smith's draft-pick value fairly low, and I would think the same would apply to Newton.
Yeah, agreed. An aging, running QB who is losing his mobility and was never that accurate isn't going to command a huge price tag in the trade market. Maybe a late 2nd or early 3rd, if that?