BREAKING: Eagles Have Traded QB Carson Wentz To Colts

Feb 4, 2018; Minneapolis, MN, USA; Philadelphia Eagles quarterback Carson Wentz on the field prior to facing the New England Patriots in Super Bowl LII at U.S. Bank Stadium. Mandatory Credit: Charles LeClaire-USA TODAY Sports

Carson Wentz is headed to Indianapolis.

Adam Schefter reports the Eagles have traded Carson Wentz to the Indianapolis Colts for a 2021 third-round pick and a conditional 2022 second-round pick that could turn into a first round pick:

The move re-unites Wentz with his former offensive coordinator and current Colts HC Frank Reich.

As a result of the trade, the Eagles will take on $33.8 million in dead-money cap penalties, which is the largest figure in NFL history for one player.