What did Dallas Cowboys give up to Patriots in Joe Milton trade?

New England Patriots quarterback Joe Milton III throws a pass against the Buffalo Bills.

Dallas Cowboys fans waking up on Thursday morning may think they went back in time to April Fool’s because the team did the unthinkable and swung a trade.

On Thursday morning, reports surfaced that the Cowboys and New England Patriots have agreed to a trade for quarterback Joe Milton III.

Dallas has been rumored to have interest in Milton for several weeks, and now the deal has come to fruition.

MORE: Consensus NFL mock draft has Cowboys landing big-play wide receiver

But, considering the Cowboys and Jerry Jones’ track record of overpaying in trades — like giving up fourth-round picks for Trey Lance and Jonathan Mingo, many wondered how much the team gave up to land Dak Prescott’s new backup quarterback.

New England Patriots quarterback Joe Milton III runs against the Buffalo Bills. / Brian Fluharty-Imagn Images

According to ESPN’s Adam Schefter, the Cowboys traded a compensatory fifth-round pick to the Patriots for Milton and a seventh-round selection.

MORE: Cowboys once again linked to Super Bowl champ, former NFL receiving leader

Milton still has three years remaining on his rookie deal, so the trade could prove to be a steal if he continues to develop under head coach Brian Schottenheimer.

New England Patriots quarterback Joe Milton III runs the ball for a touchdown against the Buffalo Bills. / David Butler II-Imagn Images

While the Cowboys now have their backup quarterback entering the 2025 season, it will be interesting to see if the team is done making moves at the position. Cowboys co-owner Stephen Jones previously said the Cowboys plan to select a quarterback in the 2025 draft, but will the trade for Milton change their plans?

We will find out in just three weeks.

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