The Patriots are trading quarterback Joe Milton to the Cowboys, per FOX Sports’ Jordan Schultz.
Dallas will send one of its fifth-round compensatory picks in April’s draft to New England in exchange for Milton and a seventh-rounder, according to David Moore of the Dallas Morning News. The Patriots received the 171st overall pick and the Cowboys now have the 217th overall pick, per Sports Illustrated’s Albert Breer.
Milton was a sixth-round pick in 2024 who spent his rookie year as the Patriots’ QB3 behind No. 3 pick Drake Maye and veteran Jacoby Brissett. The 6-foot-5, 246-pound Milton brings a rare set of physical tools, including an especially powerful arm. He impressed in his lone appearance last season, completing 22 of his 29 passes for 241 yards, one touchdown, and a 111.4 passer rating in Week 18 against the Bills.
That performance helped to generate some trade buzz surrounding Milton, which picked up after the Patriots signed Joshua Dobbs. Dobbs arrived in New England to take over Brissett’s role, keeping Milton third on the depth chart with little potential for playing time. Milton was not seen as “an ideal backup” for Maye, according to Doug Kyed of the Boston Herald. The team even told Dobbs that they were looking to trade Milton in order to build their quarterback room around Maye and prioritize his development, per Breer.
Milton also wanted out of New England, seeing himself as a future starter and knowing he would have a better chance at seeing the field elsewhere, both in the short- and long-term. The Patriots granted permission for Milton to seek a trade, per Schultz, and the Cowboys “showed the most interest from the start.” The two teams had been negotiating for a few weeks before talks accelerated at league meetings in Florida, according to ESPN’s Todd Archer.
A number of other teams expressed interest in trading for Milton, according to Schultz, including the Raiders, Eagles, Giants, and Steelers. The Patriots had a better offer on the table, but worked with Milton to send him to his preferred landing spot in Dallas.
“My family grew up a Cowboys fan,” said Milton (via Schultz). “My mom always had a Cowboys shirt on. She always talked about them. Living in Texas has been a longtime dream of mine. And now I’m with them. I’m ready to work.”
Milton will arrive in Dallas as the presumptive backup to Dak Prescott. The Cowboys explored an extension with 2024 backup Trey Lance after Prescott went down last season, per Archer, but the former No. 3 pick remains a free agent. Dallas also had interest in Brissett and Drew Lock in free agency, according to Archer.
Milton has three years and $3.2MM remaining on his contract, per OverTheCap, while Brissett’s shorter, two-year deal with the Cardinals is worth three times as much. With Prescott still commanding the highest salary in the NFL, the Cowboys opted to trade for a young, cost-controlled with developmental upside over the next three years.