NFL Draft Odds: How Teddy Bridgewater Trade Impacted Prices On Broncos’ Pick

Micah Parsons jumped both Trey Lance and Justin Fields

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Oddsmakers have shifted expectations that the Denver Broncos will select a quarterback with their first-round pick in the 2021 NFL Draft on Thursday.

Bookmakers previously depicted how they thought Denver, who acquired veteran signal-caller Teddy Bridgewater in a pre-draft trade Wednesday, would take a quarterback with the No. 9 overall pick.

North Dakota State quarterback Trey Lance was the favorite at +280 while Ohio State signal-caller Justin Fields not far behind at +320, according to FanDuel Sportsbook, just hours before the afternoon trade.

However, after the deal between the Broncos and Panthers — Carolina received a Day Three pick in return — bookmakers adjusted.

Penn State linebacker Micah Parsons now is the new co-favorite to be selected by Denver at No. 9 overall. Parsons, who now weighs in at +340, previously was third behind Lance and Fields at +750.

And Parsons is tied with another non-quarterback in Northwestern tackle Rashawn Slater, who also is +340. Slater, similarly, had been +850 prior to the trade.

Check it out with prices via FanDuel Sportsbook:

We’ll have to see what comes true when the 2021 NFL Draft begins Thursday at 8 p.m. ET.

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