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CT, I don't doubt that Hoyer is the better QB right now. But this isn't about "right now" its about who has the potential to be the kind of "franchise QB" that everyone is looking for.Under the assumption, of course, that BB saw Mallett primarily as a trade chip for future trades, I suppose this is at least possible.
That said, I suspect the only QB available at Wild Bill's Hot Young Quarterback Emporium during the draft will be Brian Hoyer.
AND the next critical question in this hypothetical scenario is whether Mallet is seen as a better QB prospect than 2 college QBs who teams are likely to draft in the 2nd round. This scenario makes no sense if you WOULDN'T draft Weeden and Oswielderwhatever in the 2nd round, just as it WOULDN'T make sense if you felt Mallet wasn't a good QB prospect.
BUT IF YOU DID, then it makes perfect sense.
As to Hoyer, I would agree that he too could be available, but I don't think he'd have the higher value, even though he is probably the better QB at this particular point of their careers. I know that in some level that doesn't make sense, but trade value is all about "perception", and the "perception" is that Mallet has a much higher upside than Brian Hoyer.
But it all goes back to the key question. If you are going to draft a QB in the 2nd round, wouldn't Ryan Mallet be a better prospect than the 2 guys that are going to be available? And if so, wouldn't it make more sense to trade that pick to the Pats for Mallet, than to use it on a 28 year old rookie who doesn't have the physical talents of a YOUNGER guy who already has a year into the league.