Instant Analysis: Cowboys trade for Trey Lance, here’s what it means

A look at the roster and cap ramifications of the Cowboys’ acquisition of a former top-5 QB selection. | From @KDDrummondNFL

The Dallas Cowboys completed a trade on Friday evening, just a day prior to their final exhibition game. Looking towards building out the depth on the roster, the club struck an agreement with the franchise that has ended their season in each of the last two years.

According to ESPN’s Adam Schefter, the club has agreed to trade a fourth-round draft pick to the San Francisco 49ers in order to acquire the No. 3 pick of the 2021 draft class, quarterback Trey Lance. Lance recently lost out the competition to be the 49ers backup behind 2022 seventh-round steal Brock Purdy. Lance left the team after the decision was revealed and on Friday was sent packing to Texas.