- Paul Kuharsky, ESPN Staff Writer
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The trade is a swap of two relatively recent high picks.
Hughes was a first-rounder for Indianapolis in 2010. He didn't really fit as the third end in the 4-3 and last season he didn't take off in the new 3-4 the way the team had hoped he would.
Sheppard was a third-rounder in 2011 out of LSU.
The Colts traded outside linebacker Jerry Hughes to Buffalo for Kelvin Sheppard, who started 15 games last season as the middle linebacker in Buffalo's 4-3 defense.