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Julian Peterson Traded to Detroit

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Peter King at Sports Illustrated is reporting that the Hawks have traded Julian Peterson to the Detroit Lions for Cory Redding and a 5th round pick. This news comes on the heels of the report that Peterson was unwilling to take a paycut. We'll have to see how this affects the cap situation, but:

Redding, 28, entering the third year of a seven-year, $49 million deal, finished last season on injured reserve with knee and groin injuries. He'll immediately bolster one of Seattle's weaknesses -- a low-pressure defensive line -- made worse by the loss of defensive tackle Rocky Bernard to the Giants in free-agency this month.

Ruskell recoups his 5th rounder from the Colbert trade, shores up the interior defensive line, and leaves a pretty large gap at linebacker.