Broncos Acquire AJ Derby From Patriots

The Broncos are projected to get a 5th round compensatory pick for Danny Trevathan, thus buffering the loss of either this comp pick or their own 5th rounder, both of which are likely to be near each other anyway.  Derby is under contract through 2018, and should only count about $265,000 against the 2016 salary cap.

UPDATE (2:50 PM MT): Mike Klis says it’s instead a 7th round pick, and as Bob mentions in comments, news of a 5th rounder could only be conditional depending on Derby’s performance.

UPDATE #2 (4:30 PM MT): Klis has deleted the above tweet, and now has concurred with Schefter in that it was an unconditional 5th rounder.  Here’s a snapshot of the official report of both the trade of Derby and also the Patriots’ acquisition of Kyle Van Noy from Detroit.