NFL insiders believe the Jacksonville Jaguars "overpaid" for the chance to select cornerback/wide receiver Travis Hunter in the 2025 draft, according to NFL Network's Daniel Jeremiah.

The Jaguars traded a package including the No. 5 pick and a 2026 first-rounder to the Cleveland Browns in exchange for the No. 2 selection and the opportunity to draft Hunter.

"I would say, almost universally, everyone in the NFL did love it from the Browns standpoint, in terms of what they were able to recoup," Jeremiah said Tuesday on the Rich Eisen Show . "Everybody in the NFL thought they did the right thing, and they got the value that they needed for that pick.

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"They all love him as a player, love Hunter as a player, but thought that was a haul that you'd have a hard time turning down. They thought Jacksonville overpaid. That's inside the league, that was the opinion."

The Jaguars also sent out the No. 36 and 126 selections of the 2025 draft, and received Nos. 104 and 200 in return, as part of the trade.

Getting the Jags' No. 33 pick meant the Browns selected twice in the top of the second round. Cleveland used the No. 33 pick to draft former UCLA linebacker Carson Schwesinger before selecting Ohio State running back Quinshon Judkins at No. 36. Both Schwesinger and Judkins could be competing for starting spots on the 2025 roster.

Meanwhile, the Jaguars, after drafting Hunter, didn't select against until Round 3, when the franchise used the No. 88 pick on Tulane cornerback Caleb Ransaw.

Jeremiah said NFL insiders' evaluation of this trade is colored by their belief Hunter will not be able to continue on as a two-way player in the NFL.

"I have not talked to one person, not one, that believes that Travis Hunter will be able to play every snap on offense and defense at the pro level like he did at the college level. There is not a belief he'll be able to do that," Jeremiah said.

Hunter has repeatedly said he plans to play on both sides of the ball at the pro level, telling CBS Sports' Garrett Podell before the draft that he would rather quit football than choose one position.

Even if he eventually settles on one position, his success at both positions at Colorado means the Jaguars will likely still have added an effective wide receiver or cornerback. The price of the trade could climb, however, if the Jags struggle this season and the Browns end up with a high first-rounder in a potentially deeper 2026 first round.

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