Per Albert Breer of The MMQB, the Bills had another deal in place. But they wanted to trade up higher.
Trade rumors involving Buffalo ran rampant in the lead up to the draft.
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Ultimately, these rumors proved to be false. That deal was nixed by Denver since Bradley Chubb was still available at No. 5. He spoke three times on draft day with Broncos boss John Elway. "I probably talked to John Dorsey more than anybody through the process, but we could not come to an agreement on what was fair", Beane said. "We finalized the deal, but it's contingent on his guy not being there. I felt like I was bidding against myself, basically".
The Bills would trade No. 12 and No. 22 in the first round to the Broncos, along with one of their second-round picks, and get the No. 5 selection along with one of Denver's third rounders.
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It raised rates once in 2016, but lifted borrowing costs three times a year ago amid a strengthening economy and labor market. In March, personal consumption expenditures (PCE) rose 1.9% over the prior year when stripping out food and energy.
Elway's decision was actually a blessing in disguise for the Bills. The executive was still able to select Wyoming quarterback Josh Allen, who he would have taken had he been able to jump up to No. 5. He later used his second-first round pick to trade up yet again, landing Virginia Tech linebacker Tremaine Edmunds at pick No. 16.
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That is what is on the line when the new champions take on Real Madrid at the Camp Nou on Sunday, which makes the game the more intriguing.