The #Vikings are finalizing a trade for #Broncos QB Trevor Siemian, source said.
— Ian Rapoport (@RapSheet) March 14, 2018
The Broncos will be relieved of Siemian’s $1.907M base salary that was raised due to qualifying for the Proven Performance escalator. They will carry a trivial amount of dead money of $13,196 from his rookie signing bonus.
Adam Schefter has early word of compensation:
Broncos and Vikings are finalizing a trade for backup QB Trevor Siemian, as @rapsheet said.
Broncos will send Siemian and a 2018 late-round pick to the Vikings for a pick in 2019 draft, per source.
— Adam Schefter (@AdamSchefter) March 14, 2018
Mike Klis confirms what Schefter (on air at ESPN) speculated would be the precise draft picks:
It's Siemian and 7th round pick in 2018 to Vikings for 5th round pick in 2019. It adds up to value of 6th round pick for Siemian, who was initially a 7th-round compensatory draft choice. #9sports
— Mike Klis (@MikeKlis) March 14, 2018
The Broncos’ 7th round choice is #225 overall.