The Denver Broncos traded up to the No. 26 pick on Thursday night to draft Memphis quarterback Paxton Lynch.
Denver had the No. 31 pick, but worked a deal with the Seattle Seahawks. John Elway admitted that drafting Lynch means the team's pursuit of Colin Kaepernick is "probably over."
The Broncos traded the 31st pick and a third-round selection (94th) to the Seahawks for the 26th pick.
"It was obviously the greatest feeling," Lynch said. "This was a dream come true for me. The Denver Bronco organization is obviously one of the best in the league."