The Herschel Walker trade was the largest player trade in the history of the National Football League. This deal on October 12, 1989, centered on sending running back Herschel Walker from the Dallas Cowboys to the Minnesota Vikings. Including Walker and a transaction involving the San Diego Chargers, the trade eventually involved 18 players and draft picks. At the time of the deal, the Cowboys were one of the worst teams in the league (the team finished the 1989 season with its worst post-merger record, 1–15), trading away their best player, while the Vikings believed that Walker was the missing piece they needed to make a Super Bowl run. Thus, Minnesota originally felt that they got the better end of the deal. Instead, the Cowboys used the draft picks acquired in this trade to get the players they needed to help them win three Super Bowls in the 1990s. Meanwhile, the Vikings did not make a Super Bowl appearance with Walker.
In his book, Greatest Team Ever: The Dallas Cowboys Dynasty of the 1990s, author Norm Hitzges chronicled the Herschel Walker trade. Four games into the 1989 season, Jimmy Johnson, then the new head coach of the Dallas Cowboys (having taken over for Tom Landry that season), came up with the idea to trade Walker while on a morning jog with his staff. Johnson felt the Cowboys were so terrible that only a blockbuster trade could help them. He briefly considered trading wide receiver Michael Irvin to the Los Angeles Raiders, but Raiders owner Al Davis essentially talked Johnson out of the trade by saying, "You sure you want to do that? Who is going to catch passes for you?" Johnson felt that Walker was the only remaining bargaining chip they had.
A number of teams contacted the Cowboys when they announced that they would trade Walker. The New York Giants expressed interest, but the trade would have been unfavorable for Dallas since both teams were in the NFC East division. The Atlanta Falcons entered into negotiations, but eventually pulled out over fear of Walker's future contract demands. The most serious offer came from the Cleveland Browns.
Johnson stated, "[The Browns] offered us a player, a couple of future number one draft picks and three number two draft picks." The Cowboys felt this was a favorable offer, but they also felt that if another team were to enter the discussion, then they could generate a bidding war and thereby get even more compensation. Jimmy Johnson and team owner Jerry Jones decided to contact other clubs to generate buzz and create leverage. Johnson contacted Minnesota Vikings General Manager Mike Lynn. Johnson told Lynn that he was going to trade Walker to Cleveland that afternoon, and that if Minnesota would like to trade for Walker, then it would cost them "players, draft picks, conditional picks, and provisions", giving Lynn a deadline of 6:30 p.m. Lynn, feeling Walker was the missing piece to a Super Bowl run, faxed Johnson that he was interested, and soon after negotiations ensued. In order to get Walker to agree to a trade, the Cowboys paid him a $1.25 million "exit bonus".
In the original proposal, Dallas agreed to give Herschel Walker and three draft picks to Minnesota. In exchange, the Cowboys would get from the Vikings five players, three draft picks, and conditional picks attached to each of those five players should he be cut by Dallas before February 1, 1990:
One of those players that Minnesota agreed to send to Dallas, Darrin Nelson, refused to report to the Cowboys. Dallas then agreed to trade Nelson to the San Diego Chargers for their fifth round pick in 1990, which the Cowboys promptly sent to the Vikings. In total, this revised trade involved 18 players and draft picks (with the revised transactions involving San Diego in bold):
|To Dallas Cowboys||To Minnesota Vikings||To San Diego Chargers|
The Vikings had originally assumed that they got the better end of the deal, not knowing at the time that head coach Jimmy Johnson was interested only in the draft picks and not the players. At a press conference after the trade, Johnson bragged that he committed "The Great Train Robbery," but was criticized by various sports writers such as Randy Galloway of The Dallas Morning News.
Johnson waived Stewart in November 1989, then told his coaches to not start Solomon, Howard or Holt, signaling to the rest of the league his intention to claim the draft picks. Vikings General Manager Mike Lynn eventually made another deal, letting the Cowboys keep the three players and all the conditional picks.
Dallas used Minnesota's picks over the succeeding years to make trades with other teams around the NFL. The picks acquired in those were then used to draft players such as Emmitt Smith, Darren Woodson, and Russell Maryland. These players would help the Cowboys win multiple Super Bowls. In other words, the trade of Walker to the Vikings contributed largely to the Cowboys' success in the early 1990s. For this reason, ESPN.com lists it as the 8th most lopsided trade in sports history.
|Pick acquired by Dallas||Dallas' subsequent transactions (partial list)|
|Minnesota's 1st round pick in 1990|
|Minnesota's 2nd round pick in 1990||
|Minnesota's 6th round pick in 1990|
|Minnesota's 1st round pick in 1991|
|Minnesota's 2nd round pick in 1991|
|Minnesota's 1st round pick in 1992||
|Minnesota's 2nd round pick in 1992|
|Minnesota's 3rd round pick in 1992||
Meanwhile, the 1989 Vikings were eliminated in the Divisional Playoffs by the eventual Super Bowl XXIV champion San Francisco 49ers. Among the four players that the Vikings selected using Dallas' picks from the trade, Mike Jones only spent two seasons with the team, and Jake Reed spent eight seasons. And in 1991, the Vikings resigned Darrin Nelson, the player who forced Minnesota and Dallas to send him to San Diego in 1989, to backup Walker; Nelson retired after two seasons.
|Pick acquired by Minnesota||Player selected|
|Dallas's 3rd round pick in 1990||TE Mike Jones|
|San Diego's 5th round pick in 1990||WR Reggie Thornton|
|Dallas's 10th round pick in 1990||WR Pat Newman|
|Dallas's 3rd round pick in 1991||WR Jake Reed|
Still, the Vikings have not made a Super Bowl appearance since the trade. Walker would play only two more seasons with the Vikings who failed to make the playoffs in both years. Walker then signed with the Philadelphia Eagles for the 1992 season, with the New York Giants in 1995 season, and ironically then rejoined the Cowboys in 1996 season.
Seventeen years later in 2007, the trade was still an easy target for satire: one ESPN columnist, assessing the impact of free agency on the NFL (instituted in 1993), noted that it had almost entirely replaced significant trades and by doing so "took away one of the greatest shortcuts to becoming a Super Bowl champion: fleecing the Vikings."
The trade was detailed in an ESPN 30 for 30 film, "The Great Trade Robbery".
|Dallas Cowboys||Minnesota Vikings|