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Done Deal: Ravens Beat Chiefs, Acquire Boldin

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The Baltimore Ravens have acquired Arizona Cardinals WR Anquan Boldin, according to ESPN's Adam Schefter. Boldin, 29, was being sought by the Kansas City Chiefs and, at one point, the New England Patriots.

Here's the rundown of the deal, according to Schefter.

Done deal: Arizona trades WR Anquan Boldin and a 2010 fifth-round pick to Baltimore for Ravens 2010 third- and fourth-round picks.

Remember, Boldin is expecting a long-term contract as well so this isn't exactly the easiest trade. Judging by the terms listed above, I suspect the Chiefs were more concerned with the contract than the compensation.

Here's the history behind what just went down....

3:00 PM (CST): Report surfaces that the Chiefs, Ravens and Patriots are in the bidding for Boldin.

4:00 PM (CST): The Patriots are out of the running leaving just the Chiefs and Ravens

5:00 PM (CST): All indications are that the Ravens will be the one to acquire Boldin

Now....Ravens have Boldin and the Chiefs are moving on.