The deal is a little complicated but essentially comes down to this ... in exchange for Wentz, the Eagles get a 2021 3rd-round draft pick and a 2022 conditional 2nd-round pick that COULD turn into a 1st rounder.
If Wentz takes 75% of the snaps at QB for the Colts in 2021 -- or if he takes 70% and the Colts make the playoff -- the 2nd rounder becomes a 1st rounder.
But, that's not really a guarantee -- since Wentz played poorly in 2020 and seems to be injury-prone.
Just to compare ... when the L.A. Rams traded for Matthew Stafford, they gave up Jared Goff PLUS two 1st round picks and a 3rd round pick.
Plus, the backup QBs in Indy aren't exactly scrubs -- Jacoby Brissett (who's now technically a free agent) has flashed real potential and Jacob Eason (the Colts 4th-round pick in 2020) could become a real contender for a starting spot as well.
Remember, at one point Wentz -- the 2nd overall pick in the 2016 Draft -- was an NFL MVP candidate ... and the Eagles liked him so much, they signed him to a 4-year, $128 million contract in 2019.
Now, Jalen Hurts will have a real shot to compete for the starting job in Philly -- though there are rumblings the Eagles are looking to draft a top-flight QB in April.