New England traded Milton and a seventh-round pick to the Cowboys for a fifth-round pick, which leaves Joshua Dobbs as the team's lone quarterback behind Drake Maye. The Patriots could look to draft another quarterback for depth purposes, while Milton will be Dak Prescott's backup in Dallas.

The Dallas Cowboys' new quarterback, Joe Milton III, is booming with potential and doesn't put much strain on the salary cap.

After weeks of speculation, the New England Patriots have finally decided to trade Joe Milton III. The team is trading the young quarterback to the Dallas Cowboys, as confirmed by CBS Sports NFL insider Jonathan Jones.