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Three-way AFL trade sends Houston to Magpies

Carlton have secured the No.3 AFL draft pick from West Coast and Dan Houston's move to Collingwood is confirmed as the AFL trade period finally kicked into gear.

But several prominent players, including Bailey Smith and Tom Barrass, remain in limbo ahead of Wednesday's 7.30pm AEDT deadline.

Eagles fans are fuming over the trading of their No.3 AFL draft pick and chief executive Don Pyke concedes it's "not going to be popular with everyone".

That three-way deal also involved Richmond star Liam Baker and Carlton goalsneak Matt Owies heading west.

Also on Tuesday, the five-player mega trade, with Houston at its centrepiece, was finalised after Port Adelaide initially baulked at the deal on Monday night.

It is essentially the same five-player deal that was revealed on Monday, with the two-time All-Australian defender as its key figure, plus Gold Coast sending an extra draft pick to the Power.

Fringe Brisbane player Harry Sharp is the other player on the move, going to Melbourne in a deal that involves draft picks.

The main features of the Houston trade trade involve Port sending the two-time All-Australian defender to Collingwood and receiving Gold Coast's No.13 draft pick, as well as Suns players Jack Lukosius and Rory Atkins and Magpies youngster Joe Richards.

Collingwood defender John Noble will also join Gold Coast, with several other current and 2025 draft picks also in the deal. Houston joins the Magpies on a six-year deal.