A pretty fair assessment from WalterFootball...

Patriots acquire WR Brandin Cooks, 4th-rounder from Saints for 1st- and 3rd-round picks
My apologies for being slow with these grades Friday evening. I just got home from a wedding rehearsal dinner (my fiancee's sister is getting married tomorrow), and I'll get to all of the grades shortly.

I have to say that despite it being speculated for days now, I'm still shocked that this deal went through. It's kind of crazy that the Patriots will have Brandin Cooks in their offense. I didn't even think they'd be in the market for a receiver because they had Julian Edelman, Chris Hogan, Malcolm Mitchell and maybe Michael Floyd on the roster (plus Rob Gronkowski), but Bill Belichick apparently thought differently.

It's going to be fun to watch Tom Brady have a new weapon like Cooks. He hasn't had a dynamic, downfield threat like Cooks since Randy Moss. It might be instinctive to point out that Cooks could decline because he won't be playing with Drew Brees anymore, until you remember that he'll now be paired with Brady, and there theoretically shouldn't be a drop-off. The price is a bit steep for my blood, but at least New England didn't have to surrender Malcolm Butler.

I like the move for the Patriots, but I think the Saints are the winners of this deal. Cooks made it known that he didn't want to be on the roster anymore, and the Saints have two strong receivers without him in Michael Thomas and Willie Snead. New Orleans now has two first-round selections in a very deep draft, so they can use those picks to improve their woeful defense.

Grade for Patriots - B+
Grade for Saints - A-