The Colts Continue To Sell, This Time It’s Josh Downs Heading Elsewhere ...Middle East

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We’ve got another. This time, the Kansas City Chiefs are acquiring much-needed wide receiver help in Josh Downs from the Indianapolis Colts.

NFL insider Ian Rapoport first reported the deal. According to Rapoport, the Chiefs are sending a fourth- and fifth-rounder to Indianapolis, and Indianapolis is sending a seventh-rounder back to Kansas City with Downs.

Trade: The #Colts are trading WR Josh Downs to the #Chiefs, per me and @AdamSchefter, as Patrick Mahomes gets another playmaker. pic.twitter.com/L858KGR6D8

— Ian Rapoport (@RapSheet) November 10, 2026

The Chiefs Are Acquiring Josh Downs From the Colts

Downs becomes the latest Colts player to be traded in their fire sale, which now includes guard Quenton Nelson, defensive tackle DeForest Buckner, wide receiver Keenan Allen, and now Downs.

The trades of Allen to the 49ers and Downs to the Chiefs today leave Indianapolis’ wide receiver room with Deion Burks, Laquon Treadwell, Ashton Dulin, Nick Westbrook-Ikhine, and Anthony Gould. The Colts are looking to rebuild, so that wide receiver room should help them improve their draft stock next spring.

Oct 5, 2025; Indianapolis, Indiana, USA; Indianapolis Colts quarterback Daniel Jones (17) celebrates a touchdown with guard Quenton Nelson (56) during the second half at Lucas Oil Stadium. Mandatory Credit: Trevor Ruszkowski-Imagn Images

Unfortunately for them, their most premium asset next spring belongs to the New York Jets in the Sauce Gardner trade last season, when the Colts were in a much different place and going all-in. That pick is the No. 4 pick in the draft right now, and will probably only go up from there with the sell-off we’ve seen.

The Colts’ first pick in the 2027 NFL Draft will come in the second round, and they now own multiple picks in the third-, fourth-, fifth-, and sixth-rounds, thanks to the trades they’ve made in the last few weeks. Here’s what their 2027 selections look like:

Round 2 Round 3 Round 3 (SEA) Round 4 Round 4 (SF) Round 5 Round 5 (Compensatory) Round 5 (KC) Round 6 (Compensatory) Round 6 (Baltimore via SF) Round 7 Round 7 (BUF)

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