Presented By DraftKings

"You wasted your night. And that might be how you feel right now. But I'm here to tell you, it's OK. It was the right move."

When it comes to trading down in the NFL Draft, it's a "been there, done that" scenario for Patriots fans.

But have no fear, says Phil Perry in a brand-new episode of the Next Pats Podcast. Moving out of the first round in exchange for picks #37 and #71 from the Los Angeles Chargers was the smart play for Bill Belichick, Nick Caserio and company.

Download the MyTeams app for the latest Patriots news and analysis

So aside from building more capital to either select additional players or make additional trades, what made this the right call? Phil Perry goes into more depth on the podcast:

The value in this year's draft class is in the second to third round range, because the second tier in terms of talent — the second tier of players — is vast. It might be 30, 40 players deep. That first tier? Closer to 16, 17, maybe 20 if you want to stretch it. And the Patriots obviously picking at number 23 found themselves probably just outside that window. And so, when that pick came to them, and they saw the number of players that they probably were attracted to that were all probably in that second-tier range, they look at it and say, 'Well, why wouldn't we trade back to the top of the second round at #37 and add an additional third round pick? That's value, baby. That's who we are. That's what we do.'


The Patriots actually released behind-the-scenes video of how the trade went down, with Belichick saying, "OK. Let it go." And now the Patriots are armed with a league-high 13 selections over the final six rounds of the draft.

Listen and subscribe to Phil Perry's Next Pats Podcast here: 

New England has a host of areas to address over the next two days, from linebacker to safety to tight end to wide receiver. There's also a need at quarterback, and Perry thinks one intriguing fit for the Pats on Day 2 is Oklahoma's Jalen Hurts.

He fits a lot of what they like, in terms of personality, in terms of character, in terms of leadership, the intangibles that they seek out at the quarterback position... Jalen Hurts seems to have a lot of these qualities the Patriots like, so that's number one. Number two, he would give them an element they just have never had before, an element that is really hard to defend. So no, he may not be a full-field reader, he may not be the most anticipatory of quarterbacks in this year's class, he may want to tuck it and run if that first option isn't available there to him, but that kind of player can still be incredibly dynamic I think in the NFL. And I think he would be worthy of a second round pick. The question is where.

Hurts obviously isn't the only potential pick as the draft continues Friday night. Phil also discusses whether New England could be in the mix for Notre Dame's Cole Kmet, likely the top tight end in this year's draft.

Whoever the Patriots pick, we won't have to wait long to find out, as New England will pick fifth when Round 2 of the draft gets underway Friday night -- unless of course, they trade down again.