Colts Mock Trade: Indianapolis ships Josh Downs off to a contender after requesting to be moved before the deadline

Colts WR Josh Downs requested a trade on Wednesday. There is a potential suitor that makes a ton of sense for the talented pass catcher.

Ryan Roberts — National College Football Writer
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Indianapolis Colts wide receiver Josh Downs (2) drops a pass Sunday, Oct. 18, 2026, during the game against the Tennessee Titans at Lucas Oil Stadium in Indianapolis.
Indianapolis Colts wide receiver Josh Downs (2) drops a pass Sunday, Oct. 18, 2026, during the game against the Tennessee Titans at Lucas Oil Stadium in Indianapolis.

The Los Angeles Rams have built an offense capable of giving opposing defenses problems, but adding another reliable target for Matthew Stafford could make an already dangerous unit even tougher to defend. In a proposed trade generated by the A to Z Sports Trade Simulator, Los Angeles acquires Indianapolis Colts wide receiver Josh Downs and a 2027 seventh-round pick in exchange for a 2028 third-round selection.

It’s the kind of move that makes sense for a Rams team looking to maximize its current window with Stafford and star wide receiver Puka Nacua, especially with the injury to Davante Adams, while giving the Colts a chance to turn a young receiver into future draft capital. Downs is an appealing target because of what he can bring to an offense without needing to be its featured player.

For Los Angeles, that could be exactly what makes this deal worth exploring.

Proposed trade

Rams receive:

  • WR Josh Downs
  • 2027 seventh-round pick (via Buffalo, projected No. 251 overall)

Colts receive:

– 2028 third-round pick

According to the A to Z Sports Trade Simulator, the deal falls within the fair-trade range, with Los Angeles holding a narrow two-point advantage in total value. The simulator assigns a value of 314 to the Rams’ return and 312 to Indianapolis’ compensation.

The financial side is worth monitoring, too. The simulator projects a $2.4 million reduction in Indianapolis’ 2026 cap figure, while Los Angeles would take on an additional $2.4 million and sit approximately $1.3 million over the projected cap. The Rams would need to account for that difference before completing a deal.

Why Josh Downs makes sense for the Rams

Downs is an intriguing target because he brings a different skill set than a traditional outside receiver. His quickness, short-area separation and ability to work underneath give an offense another option when the defense takes away its primary reads.

That skill set could be particularly valuable in Los Angeles. Sean McVay has consistently found ways to create opportunities for receivers through motion, route combinations and formations that force defenders to communicate before the snap. A receiver who can uncover quickly and make defenders miss after the catch fits naturally into that approach.

Downs could give Stafford a dependable option on third down, particularly when the Rams need a receiver to find space against zone coverage or win quickly against a nickel corner. Those plays might not generate highlight-reel numbers, but they can keep drives alive and prevent an offense from becoming overly dependent on explosive passes.

His presence would also give McVay more flexibility with personnel. Downs can operate from the slot and work across the middle, allowing the Rams to move their other receivers around and create favorable matchups. Rather than asking him to become the focal point of the passing game, Los Angeles could use him to make the entire group more versatile.

There is also value in adding a 25-year-old receiver who still has room to develop. Downs would not be a short-term rental, and the Rams could potentially keep him involved beyond the current season, depending on his contract situation and their future financial plans.

The key is understanding what Downs is — and what he isn’t. He is not necessarily the kind of receiver who transforms an offense by himself. His appeal is in the details: creating separation, providing a reliable underneath target and giving Stafford another answer when the first option is covered.

Why the Colts would consider moving Downs

From Indianapolis’ perspective, trading Downs would be a decision about roster construction and future value.

The Colts would be giving up a young receiver who can contribute, so this is not a move they would make simply to clear a roster spot. They would need to believe that a third-round pick in 2028 offers more long-term value than keeping Downs, particularly if his role or future contract demands do not align with their plans.

A third-round selection gives Indianapolis an opportunity to add a younger player on a rookie contract. That player could fill a need at receiver, along the offensive line or on defense, depending on how the roster develops over the next two seasons.

The timing matters, too. A 2028 pick would not provide immediate help, but it would give the Colts another asset to work with as they continue building around their existing core. Draft capital can also be useful as trade currency if another opportunity arises.

Indianapolis would also gain some financial flexibility in 2026, according to the simulator’s projections. That is a relatively modest benefit, but it could matter if the team wants to allocate resources elsewhere.

The biggest drawback is obvious: the Colts would be surrendering a proven NFL receiver for a future selection that may or may not turn into a comparable contributor. A third-round pick has value, but there is no guarantee the player selected will develop into someone as useful as Downs.

That is why the Colts would need to be comfortable with their existing receiver depth and confident they could replace his production internally or through another acquisition.

Why the compensation works for both teams

The proposed return is reasonable because each side is addressing a different priority.

For the Rams, a 2028 third-round pick is a meaningful asset to surrender, but it could be a worthwhile investment if Downs becomes a consistent part of the passing game. Los Angeles would be exchanging a future draft selection for a young receiver who already has NFL experience and a skill set that fits its offensive system.

The seventh-round pick coming back from Indianapolis adds a small piece of future draft capital to the package. It is unlikely to be the deciding factor, but it gives Los Angeles something back beyond the player.

For the Colts, the third-round selection represents a chance to replenish their draft capital and potentially find a younger, cheaper contributor. They would be accepting the risk that Downs develops into a more productive receiver elsewhere in exchange for a pick they can use to address another area of the roster.

The simulator’s narrow two-point difference reflects how close the overall value is. That does not mean either team would automatically accept the offer, but it suggests the framework is at least plausible from a trade-value standpoint.

The more difficult question is whether the football circumstances line up. Los Angeles would need to believe Downs can make an immediate impact, while Indianapolis would need a compelling reason to move a productive young receiver rather than retain him.

Final verdict

This is the type of move the Rams should at least explore if they want to give Stafford another option without making a blockbuster deal.

Downs’ quickness and ability to separate underneath could complement the Rams’ existing receiving talent, and McVay would have plenty of ways to incorporate him into the offense. He would not need to be the leading receiver to justify the acquisition. If he consistently wins on third downs, finds space against zone coverage and creates yards after the catch, his impact could extend beyond his raw statistics.

For the Colts, the decision comes down to whether they value the future third-round pick more than Downs’ current and projected role. There is a legitimate argument for keeping a young receiver with his skill set, but draft capital offers flexibility that could become useful as Indianapolis continues shaping its roster.

My take: The Rams are the more obvious winners in terms of immediate impact, while the Colts would be betting on long-term value. If Los Angeles can make the salary work, surrendering a 2028 third-round pick for Downs and a seventh-rounder is a reasonable price to pay for another weapon in Stafford’s offense.

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