According to ESPN's Chris Mortensen via Twitter, the Denver Broncos have agreed to send their No. 1 receiver to the St. Louis Rams in exchange for a sixth-round draft pick in 2012, which could become a fifth-round pick depending on Lloyd's production with the Rams.
This ends the talented receivers stint in Denver and makes Denver nothing more than the fourth pit stop in Lloyd's journeyman NFL career. Still, it was by far the most productive stop he has had, garnering a Pro Bowl nod and leading the league in receiving for a year.
What does this trade say about the Broncos and where they are headed? Here are five things that stick out in the aftermath of the deal.