The Philadelphia Eagles are trading running back DeMarco Murray to the Tennessee Titans for a swap of fourth round picks per Geoff Mosher:
I'm hearing #Eagles deal that sent DeMarco Murray to TEN involves teams swapping 4th round picks. Would move Eagles to top of 4th round.— Geoff Mosher (@GeoffMosherNFL) March 9, 2016
Murray was the prize signing of Chip Kelly's lone season as head of Eagles personnel after leading the NFL in rushing in 2014 and signed a 5 year, $40 million contract with $18M guaranteed. In 2015 he was a massive disappointment, rushing for just 702 yards and ending the season in a rotation with Ryan Mathews and Darren Sproles. Along with the trade of Byron Maxwell and Kiko Alonso to the Dolphins, the Murray trade is another purge of Kelly's personnel mistakes by the re-instituted Howie Roseman.
With this trade, the Eagles move up 13 spots in the fourth round. Currently the Eagles stand to move up from the 110th pick to the 97th pick, the second pick in the fourth round, though that will change slightly when compensatory draft picks, which begin in the 3rd round, have not yet been announced. To gauge the draft value of Murray, since the new CBA in 2011, previous trades from the top to the middle of the 4th round have cost a 6th and or a 7th. The trade incurs a $4M salary cap hit in dead money from the remainder of Murray's $5M signing bonus, but saves a total of $9M in salary guarantees, $7M in 2016 and $2M in 2017.