The New England Patriots are trading tight end Jonnu Smith to the Atlanta Falcons for a seventh-round draft pick, per NFL Network's Ian Rapoport.
Sports Illustrated's Albert Breer reports it's a 2023 seventh-rounder. The fact that Smith is being moved for a low draft pick makes this move a pure salary dump.
The Patriots will create about $ 4.4 million in cap space and also have around $ 12.8 million in dead cap space.
This trade might be more about 2024 than 2023, given the cap savings for the Patriots.