Jimmy Graham
Jimmy Graham was forced to leave the New Orleans Saints' Week 5 game with a shoulder injury. Reuters

The New Orleans Saints and Seattle Seahawks have pulled off a major deal on the first day of free agency. Fox Sports’ Jay Glazer reported that the Saints will send star tight end Jimmy Graham and a fourth-round pick to Seattle for center Max Unger and a first-rounder.

Glazer tweeted a deal was in the works and soon followed up by confirming that the deal was done. ESPN's Chris Mortensen later reported that Seattle would send multiple draft picks that would include at least one first-rounder.

Graham had 85 receptions for 889 yards and 10 touchdowns in 13 games last season. While that was not as stellar as his previous season (86 catches, 1,215 yards, 16 touchdowns), the three-time Pro Bowler is still widely considered one of the best tight ends in the NFL.

Graham signed a four-year, $40-million contract before last season. The Saints are reportedly cash-strapped, with the club releasing linebacker Curtis Lofton on Monday to create cap space.

Unger played six seasons in Seattle, making two Pro-Bowl appearances. He played in six games in 2014 due to injury.