Mike Florio of ProFootballTalk.com reports the Pittsburgh Steelers have traded wide receiver Santonio Holmes to the New York Jets.

In exchange for Holmes, Newsday's Bob Glauber reports the Steelers will receive a fifth-round pick in the 2010 NFL Draft. The Jets traded their pick to the Cleveland Browns, but do own the 155th overall pick, which the Jets obtained from the Philadelphia Eagles.

Holmes, the Steelers' first-round pick in 2006, has caught 235 passes for 3,835 yards and 20 touchdowns during his four seasons with the Steelers. Holmes was also named the Most Valuable Player of Super Bowl XLIII, when his 9-catch, 131-yard performance was capped off by a tremendous catch-and-toe tap in the corner of the end zone in the game's final minute to give the Steelers a 27-23 win over the Arizona Cardinals.

Holmes' professional career has been marred by off-field incidents, with the most recent one occurring last month, when he was accused of throwing a drink into the face of a woman at an Orlando nightclub. Holmes has not been charged in the incident, and another patron of the club has come forward to say that it was he, and not Holmes, who tossed the drink in the woman's face.

ProFootballTalk.com reported on Saturday that Holmes is facing a four-game suspension for violating the league's substance abuse policy, which may explain the relatively low price tag for the Jets to acquire him.

Holmes is entering the final year of his rookie contract, and has a $755,000 base salary for 2010.