Morrison appeared in 15 games for the Colts in 2017, finishing with 109 combined tackles.
Pipkins signed with the Packers as an undrafted free agent last season en route to getting 15 tackles in 12 appearances.
Indy Sports Central's Mike Chappell noted how much turnover the Colts have had on defense since Chris Ballard took over as general manager in January 2017:
While Morrison saw the field regularly for the Colts last season, The Athletic's Stephen Holder didn't foresee him factoring much for the team in 2018:
The same could be said of Pipkins in Green Bay. He was a reserve for the Packers in 2017 and fell further down the depth chart this offseason. The team selected Jaire Alexander in the first round and then Josh Jackson in the second round and also signed Tramon Williams.
While this trade doesn't move the needle too much for either team, the Colts and Packers added depth to their defense without having to give up much of value. Morrison and Pipkins, meanwhile, have the opportunity to play bigger roles on their new teams than they would've had otherwise.