The 2025 NFL trade deadline was a whirlwind of activity, marking a pivotal moment for teams deciding whether to push for a playoff run or begin rebuilding. This year’s deadline was particularly notable, with 25 players changing teams before the clock struck 3 p.m. Eastern on November 4. This flurry of trades was the most seen in a quarter-century. Adding to the excitement, three first-round draft picks were swapped, matching a record for the most such transactions in the past 25 years.

Among the biggest stories of the day was the Indianapolis Colts, who have surprised many with their impressive 7-2 start. This strong performance places them in an enviable position not only to capture their division title but also to possibly clinch a first-round bye in the American Football Conference playoffs. The Colts’ success has been largely fueled by the dynamic pairing of running back Jonathan Taylor and a revitalized quarterback Daniel Jones. Together, they’ve driven an offense that leads the league in points scored and is second in total offensive yardage.

However, the Colts’ defense has not quite matched the offensive prowess, displaying vulnerabilities, especially in pass coverage. They face the second-most passing attempts in the NFL and rank eighth in passing yards allowed. While cornerback Charvarius Ward has performed well when healthy, his contributions have been limited due to missing over half of the season’s games with two separate concussions.

In a bold move to bolster their defense, Indianapolis traded away their 2026 and 2027 first-round picks, along with wide receiver Adonai Mitchell, to the New York Jets. In return, they acquired the highly-regarded All-Pro cornerback Sauce Gardner. Gardner, having recently signed a lucrative four-year, $120 million contract with the Jets, was in the midst of a strong season before being traded. This acquisition underscores the Colts’ commitment to addressing their defensive shortcomings as they eye a deep playoff run.

Indianapolis Colts: Winner

A surprising 7-2 start to the season has the Indianapolis Colts in prime position to not just win its division but also secure a first-round bye as the top overall seed in the American Football Conference. Led by the ground game of Jonathan Taylor and a career resurgence from quarterback Daniel Jones, the Colts possess an offense that ranks first in points scored and second in total offensive yards.

The defense hasn’t been as potent as the team’s offense this year, and it’s been specifically vulnerable through the air. Indianapolis gets thrown on the second-most in the NFL and surrenders the eighth-most passing yards in the league. Cornerback Charvarius Ward has been solid when on the field, but he’s missed more than half of the games played this year due to two seperate concussions.

To shore up an opportunistic but leaky backend, the Colts mortgaged its 2026 and 2027 first-round selections along with the rights of wide receiver Adonai Mitchell to the New York Jets for the services of multiyear All-Pro cornerback Sauce Gardner. Gardner was just compensated this offseason by the Jets with a four-year $120 million contract and was putting together a recent stretch of quality play with New York before being dealt at the deadline.

In nine starts, Gardner has been targeted just 22 times in 2025 and allowed less than half of those passes to be completed for under 200 combined receiving yards. While he did relinquish back-to-back touchdown tosses in weeks four and five, he hasn’t allowed more than three catches in a game all season and has surrendered just two touchdowns across 225 coverage snaps.

The transaction provides Indy a potential shutdown corner over the next few years and a formidable secondary when healthy that features Ward and Gardner on the outside alongside one of the game’s best slot corners in Kenny Moore III.

New York Jets: Winner

Dealing Sauce Gardner at the deadline spelled the start of an inevitable rebuild for a Jets franchise that seemed to be headed towards brighter days due to its successful 2022 NFL Draft. With Sauce going for two first-round selections, New York had added four future firsts in the upcoming 2026 and 2027 drafts that could help them land a future franchise signal caller while rounding out the remaining holes on its roster.

Gardner wasn’t the only former All-Pero that New York dealt at the deadline. Defensive tackle Quinnen Williams was traded to the Dallas Cowboys in a move that landed them a former first-round defensive lineman in Mazi Smith, a 2026 second-round draft pick and the Cowboys’ 2027 first-round selection.

During his time with the Jets, Williams collected forty career sacks, a first-team All Pro nod and three consecutive Pro Bowl berths between 2022-2024. Under contract for the next three seasons, New York decided to cut bait with its best defensive lineman to save cap space and add more draft capital to retool its roster.

Trading away its two best defensive players for six projected top-60 picks is a winning formula for a Jets franchise embarking a lengthy rebuild under its first-year coach Aaron Glenn. Due time will decide if those picks amount to something.

Jacksonville Jaguars: Losers

The Jaguars were mostly buyers during the 2025 trade market as they obtained the rights of Las Vegas Raiders receiver Jakobi Meyers and shipped former 2021 second-round selection Tyson Campbell to the Cleveland Browns for 2021 first-round position mate Greg Newsome. The issue behind both transactions is that one is a slight overpay for production already on the roster while the other may have given back to Jacksonville a worse player than it gave up.

Starting with Meyers, the Jags forked over a fourth and a sixth-round selection to the Raiders for the 28-year-old slot receiver who is far removed from his 1,000-yard campaign from 2024. Meyers is averaging a career-low in yards per reception, has zero touchdowns through seven games and is entering an offense that’s leaning heavily into the ground game to compensate for injuries to its top-flight receivers Brian Thomas Jr/ and Travis Hunter.

While the Meyers addition is without a doubt a depth piece to litigate the injury concerns at wide receiver, Parker Washington has shown flashes of being a younger clone of Jakobi Meyers prior to the injuries to Thomas and Hunter. While the third-year man has five less targets and eight less receptions than Meyers on the season, he has accumulated more yards per reception (11.9), has caught a touchdown pass and possesses nearly the same amount of first down receptions (14) as Meyers (15).

On the defensive side, the transition from Campbell to Newsome was viewed as the Jaguars getting off of a declining former top-40 draft pick for an upstart first-rounder who was a better scheme fit, had higher upside and no long-term deal. Since the early season trade, Campbell has had the better PFF coverage grade than Newsome (71 to 36) with more interceptions, pass breakups and less touchdowns surrendered in a brief sample size.

The Jags are currently two games over .500 and claimers of the final AFC playoff spot with nine games to go. However, these two in-season moves have the potential to do more harm than good long-term.

New Orleans Saints: Losers

Yes, the New Orleans Saints were sellers at the trade deadline and they did receive a 2026 fourth and sixth-round pick for the player rights of wide receiver Rasheed Shaheed and a 2027 sixth-round selection for former first-round offensive lineman Trevor Penning. However, them being deadline losers is more so about the players they didn’t sell during this cycle that prohibited the franchise from adding more draft capital before the offseason.

Running back Alvin Kamara let it be known early this season that he didn’t want to be traded from the New Orleans Saints. Him using this form of personal leverage subsequently tanked his trade value along with his recent dip in production this season.

Cornerback Alontae Taylor is up for a contract extension and was rumored of being a potential trade asset that the Indianapolis Colts coveted. Instead, Indy went big fish hunting for Gardner leaving the Saints left with an inconsistent young talent that’s up for an pffseaspn payday.

The biggest elephant in the room is the trade talks around wide receiver Chris Olave and offensive guard Caesar Ruiz. Both have shown flashes in their NFL careers of being positive contributors but have fell off the wayside this season due to injuries and middling production. It was rumored that Seattle was intrigued in Ruiz services, but they decided to invest in Shaheed as the Saints prospect it wanted for its offense.

Buffalo and Pittsburgh were seriously looking to add Chris Olave to its roster and may have forked over a future second for his services. Instead, New Orleans put its foot down and declared Olave as an extension candidate that it wanted to involve in its future offense.

New Orleans is a bad team that currently holds the rights to the number one pick in the 2026 NFL Draft. It had a golden opportunity like the Jets to fire sell before the deadline and start anew. Instead, it’ll take its chances during the offseason to fully reboot its roster.