Pittman Jr., Colts Deal Done in Trade for Pick Swap
The Indianapolis traded wide receiver Michael Pitman Jr. To Pittsburgh Steelers In A Late-Round pick swap As part of the deal, pitman signed a new three-year contract worth up to $59 million according to league sources while Colts re-signed Alec Pierce earlier that day
Key Points
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1The Indianapolis Colts traded wide receiver Michael Pittman Jr to the Pittsburgh Steelers as part of their free agency strategy.
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2The deal reportedly includes a swap in late-round draft picks between the two franchises, according to league sources and ESPN's Adam Schefter.
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3Pittman signed with the Steelers under new terms for three years worth up to $59 million after his previous contract was deemed too expensive relative to roster needs.
Developments
The Indianapolis traded wide receivers Michael Pitmann Jr., who led them with 80 receptions last season, for three years and up $59 million in exchange for Alec Pierce's contract space after re-signing him at a higher cost ($146M). The Pittsburgh Steelers acquired the veteran receiver to complement Calvin Austin III alongside DK Metcalf while paying minimal trade compensation.
The Pittsburgh Steelers have agreed to trade wide receiver Michael Pittman Jr., signing him in a late-round pick swap for four years of $16 million total compensation, which is less than the Colts' recent acquisition. This move aims to bolster their passing attack behind DK Metcalf following last season's 23rd-place ranking and address uncertainty at quarterback with Aaron Rodgers potentially returning as an older veteran option in a league that lacks established young talent beyond him.
The Indianapolis traded wideout Michael Pittman Jr., who signed with Pittsburgh under contract terms of three years and $59 million, in exchange for a late-round pick swap while re-signing Alec Pierce. This move aims to give the Colts' offense more talent ahead of Aaron Rodgers's potential return but will likely reduce targets on their side as they rely increasingly on Josh Downs and Tyler Warren moving forward.
In a surprising trade during NFL free agency legal tampering period thus far wasn't a signing but rather: The Indianapolis Colts sent wide receiver Michael Pittman Jr. to the Pittsburgh Steelers after Alec Pierce signed with them for $120 million deal, and part of that included dealing him away from their team due financial constraints; now Pat McAfee is reacting strongly on his show about this news
The Indianapolis traded late-round picks and $5 million dead money for a three-year, $59-million contract with Pittsburgh's 28-year-old wide receiver, Alec Pierce (four years) in exchange for Daniel Jones' cash-out option; the deal saves Colts cap space while sending Pittman to join Aaron Rodgers.