The Pittsburgh Steelers received a terrible trade update as the Kansas City Chiefs stole one of their top wide receiver targets right out from under their nose.
According to ESPN's Adam Schefter, the Chiefs traded 2027 fourth- and fifth-round draft picks to the Indianapolis Colts in exchange for wide receiver Josh Downs and a 2027 seventh-round draft pick.
Trade terms: 4 and 5 for Downs and a 7, per source. https://t.co/vC2Yc7mzlE
— Adam Schefter (@AdamSchefter) November 10, 2026
Downs, who was drafted by the Colts in the third round of the 2023 NFL Draft, has emerged as one of the league's most underrated separators at the wide receiver position, recording 2,494 yards and 12 touchdowns in his career.
Downs was also previously linked as a trade target for the Steelers, with reports indicating the team
offered a Day 3 pick in exchange for the Colts wide receiver. Unfortunately, the additional fifth-round pick likely gave the Chiefs the advantage.
Ultimately, the Steelers failed to pull off any move at the NFL trade deadline, with the Chiefs' acquisition of Downs only serving as salt in the wound for Pittsburgh at this point.
This article originally appeared on Steelers Wire: Steelers get terrible trade update as Chiefs steal their wide receiver target
