The Patriots have traded tight end David Thomas to the New Orleans Saints for a 2011 undisclosed draft choice, ESPN's Adam Schefter reports.
Schefter also reports that the Patriots have acquired TE Michael Matthews from the Giants for a conditional 2011 draft choice.
(Update, 6:40 p.m.) The Patriots have confirmed that trades have been made, but have yet to provide the details. The Giants have announced the Matthews trade.
(This post has been edited to reflect the correct name for the tight end reportedly acquired by the Patriots -- Michael Matthews.)