Carson Wentz Trade: Odds reaction is it’s a WASH

Carson Wentz Indianapolis Colts 2021

Washington finally made its move to acquire ‘a franchise quarterback’ Wednesday, but online bookmakers provided a mixed odds reaction to the trade for Carson Wentz.

The Commanders started the day at around the +6600 (or 66-1), and you might have expected those odds to shrink dramatically when news of the trade came through. Well yes, and no.

Odds reaction to Wentz trade

While some sportsbooks chopped Washington to +5000 and +4000 after Ron Rivera and his front office made the move, Caesars and PointsBet were both distinctly unimpressed – leaving the Commanders at +6000.

TeamBest OddsSportsbook
Buffalo Bills+750Widely available
Kansas City Chiefs+850Widely available
Los Angeles Rams+1200Widely available
San Francisco 49ers+1400Widely available
Green Bay Packers+1400bet365
Dallas Cowboys+1600Caesars, bet365
Denver Broncos+2000bet365
Baltimore Ravens+2200DraftKings
Cincinnati Bengals+2200DraftKings, FanDuel
Arizona Cardinals+2500Widely available
Tennessee Titans+2500Unibet, SugarHouse
Los Angeles Chargers+2800DraftKings
Indianapolis Colts+3300FOX Bet
Tampa Bay Buccaneers+3300Unibet, SugarHouse
New England Patriots+3500DraftKings
Cleveland Browns+4000Widely available
New Orleans Saints+4000Widely available
Philadelphia Eagles+4500DraftKings, FOX Bet
Miami Dolphins+5000Widely available
Minnesota Vikings+5000bet365
Las Vegas Raiders+6000DraftKings
Washington Commanders+6000Caesars, PointsBet
Carolina Panthers+7000FOX Bet
Pittsburgh Steelers+7000FOX Bet
Atlanta Falcons+8000DraftKings
Chicago Bears+9000DraftKings
Seattle Seahawks+10000DraftKings
New York Giants+12500PointsBet
Jacksonville Jaguars+13000DraftKings
Detroit Lions+15000Widely available
New York Jets+20000DraftKings
Houston Texans+20000DraftKings, Caesars
  • Odds correct on March 10, 2022

That reaction speaks volumes for the decision to acquire a quarterback who was good enough to be the second overall pick in the 2016 NFL Draft, and good enough to be an MVP candidate until a knee injury torpedoed his involvement in that Super Bowl run in 2017.

Since then though it’s been a tale of woe for Wentz, who was traded to Indianapolis last year for what eventually turned out to be a first-round pick. After just one season he is on the move again after a late-season implosion saw the Colts somehow miss out on a postseason berth.

It’s pretty telling that the man running Wentz out of town this time is Frank Reich, his OC in Philly and the man who clearly had more belief in him than any other. How does that trade look now, Frank?

Wentz trade terms and cap hit

Wentz though retains his big contract (he’ll count $28.94million against Washington’s cap in 2022) and that eats up most of the space the Commanders had heading towards free agency.

It feels like another reach by the Washington front office – one that likely ends in failure. Wentz has now ‘failed’ in two NFL cities. More than just a blip, right?

The compensation for Wentz every time he gets traded is gradually dropping too, another sign of his diminishing value. And the diminishing belief that he can ever again be the player he was in 2017.

Washington hands over a 2022 third-round pick and a 2023 third-rounder which could eventually be a second based on how many snaps Carson takes in 2022. Slim pickings…