Why it works: This is a rare player-for-player trade that could benefit both teams. The Patriots send out two veteran contributors—Kendrick Bourne, who is coming off an injury and may be on the roster bubble, and Austin Hooper, a serviceable TE2 who signed as depth.

Kyle Pitts was supposed to be the next great tight end, a perfect hybrid of size and speed to revolutionize the position. Instead he's triggered more questions than answers. A disappointing tenure with Atlanta has led to reports that he's been available for a trade and several teams are interested.