The Chicago Bears are open to trading the No. 1 overall pick in the NFL Draft, but it will not come cheap.
Ever since the Chicago Bears secured the first pick in the upcoming NFL Draft, speculation has swirled that the team might trade it since they already have Justin Fields in place as the QB. Trading the pick could set the team up for years to come with the amount of draft capital they could receive in return.
In an appearance on the “Hoge & Jahns” podcast, Robert Mays of The Athletic shared the supposed asking price on the pick from the Bears.
“The price that I heard from outside the top five is your one this year, a two this year, a first in 2024, and a first in 2025,” said Mays.
Mays pointed out that the asking price is very similar to what the San Francisco 49ers gave up in 2021 to move up from No. 12 to No. 3. In that move, the 49ers gave up first-rounders in 2021, 2022, and 2023, as well as a third-round pick in 2022.
“That trade includes a future first the following year and the year after that,” Mays said. “So there is precedent for that sort of move. And it’s the No. 1 pick. You get your pick of the draft. You control the draft if you make this trade.”
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Not needing a QB is one factor in why the Bears are apparently leaning toward making a deal instead of picking for themselves.
Quarterback-needy teams like the Colts and Texans are likely to be the two teams making calls to the Bears to get that pick. Both teams being division rivals means the Bears might be winning even more as they go head-to-head in a bidding war.