Today is the NFL's trade deadline. All deals must be reported to the league offices by 4 pm Eastern.
Some believe there will be a small flurry of trades. Most likely, this year there will be few, if any, last minute deals.
It isn't difficult to understand why.
Besides the complexities of today's salaries and contracts, teams simply are unwilling to package draft picks for veteran players -- even for those with a proven track record in the league.
Yesterday's deal between the St. Louis Rams and the Denver Broncos is a prime example. The Rams, desperately in need of a reliable set of hands to help young quarterback Sam Bradford, sent a conditional late round pick (officially a sixth, which can be escalated to a fifth) for the rights to wide receiver Brandon Lloyd. Lloyd, 30, led the league last year with 1,448 receiving yards in a Pro Bowl effort. He had the same quarterback this season (at least early on) in Kyle Orton (another veteran rumored to be on the move), but clearly wasn't the same wideout in Denver's current run-oriented offense. Last season, the veteran journeyman receiver enjoyed career highs in receptions, yardage and touchdowns. In St. Louis, he'll get Bradford and, more importantly, be reunited with former head coach and aggressive pass-caller Josh McDaniels.
For a late round pick, the Rams would appear to have found a player that can provide immediate dividends.
Now I ask you, what are the odds that St. Louis' 2012 sixth (or fifth, for that matter) would do the same?
Certainly I have to concede that at 30 years old Lloyd may not have as many years in the league left in him as whatever rookie the Rams would have selected. However, given that the average NFL career spans only three seasons that may not be true.
Also, what makes Lloyd an effective receiver -- his savviness as a route-runner, body control and sticky hands -- aren't the characteristics likely to suddenly be lost due to age, like speed or explosiveness.
The deal makes sense for both clubs. The Rams needed help. The Broncos are clearly moving in a different direction and would love to acquire the draft picks needed to aid them in doing so.
But a late round pick for a Pro Bowl receiver who, not surprisingly, is "excited for the move," should prove once again the NFL continues to overvalue its draft picks in relation to proven veterans.