According to a report from friend-of-the-site Terez Paylor of Yahoo! Sports, the Kansas City Chiefs have made a rare player-for-player trade, sending running back Carlos Hyde to the Houston Texans for offensive tackle Martinas Rankin.
The Chiefs are trading RB Carlos Hyde to the Texans for OT Martinas Rankin, a source tells me.— Terez A. Paylor (@TerezPaylor) August 31, 2019
Rankin, who stands at 6 feet 4 and 311 pounds, was a third-round pick out of Mississippi State for the Texans in 2018. He played in all 16 games last season, starting four of them.
Hyde was signed to the Chiefs in early March after five NFL seasons on three different teams — most recently the Jacksonville Jaguars. Early in the offseason, he was seen as a player that could challenge to become the team’s starting running back, but once Damien Williams was named the starter — and with the emergence of sixth-round rookie running Darwin Thompson — Hyde’s chance to even make the team appeared to be dwindling.
Rankin, 24, won second-team All-SEC honors in his junior season, and he had been rated by some analysts as a first-round prospect in the 2018 draft. But his draft stock fell after he had an ankle injury during his senior season. The Texans ended up taking him with the 80th overall selection.
The Chiefs will absorb Hyde's $800k signing bonus and $100k workout bonus, but they move his $1.4 million base salary, of which $700k was guaranteed. Rankin carries a $634k base this season with two more years on his rookie deal.— Matt Derrick (@mattderrick) August 31, 2019
Finally — and unsurprisingly for a Chiefs backup offensive lineman — Rankin is versatile. He has experience playing at all positions on the line.