The Saints signed WR Chris Hogan. He has 216 NFL catches under his belt -- but just 22 have come over the past 2 seasons. Hogan turns 33 in October. He's not the answer to New Orleans' Michael Thomas-sized hole at WR.

The Patriots have acquired WR Brandin Cooks from the Saints, sending a 1st- and a 3rd-round pick and getting back a 4th-rounder. Cooks caught 162 passes over the past 2 seasons, topping 1,100 yards in each campaign and scoring 17 TDs over that span. He finished among the top 13 WRs across fantasy formats in each of those seasons. The Pats control his rights for the next 2 years, including a team option for 2018. Cooks lands in 1 of the few offenses that approximates the efficiency of New Orleans and figures to quickly challenge Julian Edelman for the team target lead. His fantasy outlook doesn't change drastically from what it's been with the Saints. Other WRs in New England will have more trouble finding regular opportunities. Back in New Orleans, Michael Thomas should grab a larger share of targets, while Willie Snead stands to gain if the team doesn't add anything more than Ted Ginn to the corps this offseason.