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Terrell Manning has the potential to drastically outperform his draft position. A highly competitive player, Manning is effective against the run and has demonstrated the skills to develop into a threat as a pass-rusher. At 237 pounds, Manning will need to add weight to succeed as a rush linebacker, but he does have special teams value immediately.
In order to draft Manning, the Packers were forced to trade up with the Patriots, giving up a sixth and two seventh-round picks in the deal. While the price wasn't steep, the fact that the Packers previously owned this pick stings.
Manning offers good value in the fifth-round, and has the potential to develop into an impact player. However, the Packers did have to trade for a pick they had already owned, not smart.