JACKSONVILLE, FL - NOVEMBER 21: Colt McCoy of the Cleveland Browns warms up during a game agaisnt the Jacksonville Jaguars at EverBank Field on November 21, 2010 in Jacksonville, Florida. (Photo by Mike Ehrmann/Getty Images)
According to Jason La Canfora of CBSSports.com, the Cleveland Browns traded back up quarterback Colt McCoy to the San Francisco 49ers.
The exact compensation is know at this time but looks to be a late round selection in the 2013 Draft.
The Browns had already made up their minds on McCoy stating he wasn’t starting material. Give the Browns credit for getting some value out of a quarterback that they had deemed expendable.
Michael David Smith of Profootballtalk.com, McCoy will now go from a team rebuilding to a contender. Smith writes:
The 49ers have 14 picks in this year’s draft, so giving up a late-round pick isn’t a bad move for them: Their roster is talented enough that 14 rookies aren’t going to make the 53-man roster anyway, so going down to 13 draft picks is no problem.
And they now have their backup to Colin Kaepernick after trading Alex Smith to the Chiefs. McCoy will make $1.5 million this season, thanks to escalators in his contract that bumped up his 2013 pay based on incentives he reached in 2011.