In a rare deadline day deal, the New England Patriots have traded for former Buccaneers cornerback Aqib Talib.

Talib, 26, was a first round pick of the Buccaneers in 2008 and is currently serving a four game suspension for violation of the NFL's substance abuse policy. He currently has one game to go on the suspension, and claims that the suspension was a result of taking an adderall pill without a subscription.

While the compensation for the deal has not been announced, it has been reported that the deal is for a 2013 fourth round pick. The Patriots will also receive a seventh round pick from the Buccaneers next season?

My initial thoughts on the deal? A classic low risk, high reward deal for the Patriots. Talib is undoubtedly a talented cornerback, who is one of the better physical man cover defensive backs in the league. However, he's had character issues in the past, being suspended for violating the NFL's personal conduct policy in 2010. Nonetheless, Talib is on the final year of his five year rookie deal and the Patriots aren't giving up much in compensation.

What does that mean? One of three things:

1. The Patriots get a really high caliber starting cornerback at a low cost for half a season, then let him walk via free agency after the season.
2. The Patriots get a really high caliber starting cornerback at a low cost for half a season, then extend him for the long-term following the season.
3. The Patriots strike out on their deal for Talib, but didn't give up much in the process.

More analysis on the move to come.