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TM - SDL TRADOS 2017

Hello all, 

I want to clean up my TMs, I would like to reorganize them. I am not sure how to do the following:

The first time I used SDL 2017, I created EN (US) > SP (international sort), same for EN (US) and > SP (Modern). After a year, I have realized that I just need one Spanish for my TMs, now that I have migrated to a new PC, I would love to start fresh and have ONE English and ONE Spanish, that is all.

How can I change the language pairs for my already created TMs? Is that possible? I have been trying to do it, but I cannot find the way.

Also, I cannot see the benefits of upgrading a TM, could anyone explain to me that? Pros and cons of doing it?

Sorry if it seems silly, but at the moment, I don't know how to manage it!

Thanks a lot everybody. 

Ade