When I read the thread title, I was thinking, "HELL NO! That's not good compensation for PP"... then I read (b/c I forgot lol) that we get a TE, well, this is as good as you can hope to get for PP.
I don't want any trades, I want to run it back, for many reasons. With that said, if I have to suffer through this (almost) full rebuild then this is the first really good idea I have seen on here, something that's actually realistic and good for BOTH parties. PP may not be as enthused but he knows this is a business, he would only have to suffer for 1 more season b.c. his contract is up.