The cost: a 2021 third-round pick and a conditional 2022 pick that starts as a second-rounder but goes up to a first-rounder if Wentz plays 75% of the snaps next season or plays 70% of the snaps and the Colts go to the playoffs.
Overall, this looks like a trade that was good for both teams. The Eagles were never going to get two first-round picks for Wentz, that was absurd. Frank Reich is the best coach to try to resuscitate Wentz's career in Indianapolis. I still would not have done the deal unless they had made the 2022 pick conditional specifically on making the playoffs. Wentz could suck next year and still play 75% of the snaps as they try to fix him.
Wentz's 2017 season was built on an unsustainable mixture of third-down and red zone efficiency, but Wentz was 13th in passing DVOA in 2018 and if the Colts can get that guy back or something a little better than that, you can build a pretty good team around that with a chance to go all the way if the defense has a great year. You can build the 2019 San Francisco 49ers around that. It's more likely Wentz goes back to being an average quarterback, closer to 20th in the league like he was in 2019, and the ceiling for that is a wild-card loss.
The Eagles eat an astonishing $33.8 million in dead money with this trade.