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The San Francisco 49ers have traded quarterback Trey Lance to the Dallas Cowboys, according to ESPN’s Adam Schefter.
Lance, who was the 3rd overall pick in the 2021 NFL draft, is now headed to the Cowboys in exchange for a 4th round pick.
The 49ers made waves during the 2021 draft when they orchestrated a high-stakes trade with the Miami Dolphins, giving up three 1st round picks and a 3rd round pick to secure Lance.
Trey Lance’s time on the field has been limited, with the young quarterback amassing just 262 regular season snaps and making only 4 career starts.
Despite the relatively short playing time, the 49ers had invested a substantial amount in Lance, reportedly paying him $27.85 million.
The #49ers paid QB Trey Lance $27.85M for only 262 regular season snaps, and traded three 1st round picks to move up and draft him 3rd overall.
(h/t @spotrac) pic.twitter.com/3LdGuNT95S
— Dov Kleiman (@NFL_DovKleiman) August 24, 2023
The 49ers will now move on with 2022 7th round pick, Brock Purdy, as their starting quarterback with Sam Darnold backing him up.
In his new team, the Cowboys, Trey Lance will assume the role of backup to their franchise quarterback, Dak Prescott.
The trade also comes with financial implications for the Cowboys, as they take on a fully guaranteed amount of $6.25 million over the course of the two seasons remaining in Lance’s contract.
Furthermore, the Cowboys have secured the option to exercise his 5th-year contract option in the upcoming offseason, providing flexibility and potential for the team’s future plans.