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No major player transactions happened in the offseason, although the team would draft Notre Dame running back Rocky Bleier with their last pick (16th round) in the 1968 draft.
In the 1986 NFL Draft the Dallas Cowboys traded up from the 20th to the 18th position with the San Francisco 49ers, in exchange for a fifth round draft choice, in order to select Sherrard, who became only the second wide receiver ever drafted by the franchise in the first round (Dennis Homan was the first one in 1968).