The Philadelphia Eagles have agreed to trade quarterback Carson Wentz to the Indianapolis Colts for a 2021 third-round draft pick and a conditional 2022 second-round pick that could turn into a first-rounder, league sources told ESPN.

The Eagles will receive the 85th overall pick in this year's draft, and the conditional second-rounder can become a first-round pick based on Wentz's playing time, according to sources. Wentz needs to play at least 75% of the Colts' offensive snaps for the 2022 conditional pick to convey to a first-rounder, according to sources.

The pick also could become a first-rounder if Wentz plays at least 70% of the snaps and the Colts reach the playoffs. But the worst the 2022 pick can be is a second-rounder, meaning the Eagles are assured of netting two value picks for Wentz.

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The Eagles and Colts spent much of the past two weeks trying to finalize the trade, which cannot be officially processed until the new NFL year begins March 17. Despite being speculated as a potential suitor for Wentz in trade talks, the Chicago Bears did not wind up making an offer to the Eagles, according to a source.

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