Chad Ochocinco Traded: Patriots Acquire Receiver From Bengals

The New England Patriots have made another big splash, acquiring wide receiver Chad Ochocinco from Cincinnati after he accepted a restructured three-year contract, ESPN's John Clayton reports.

According to Adam Schefter, the Bengals will receive a late draft pick in 2012 and another late pick in 2013.

Shortly after ESPN announced the trade, Ochocinco tweeted, "God is so Good."

The Patriots also traded for defensive lineman Albert Haynesworth earlier Thursday morning.

New England shipped a 2013 fifth-round draft pick to the Redskins for the two-time All-Pro.