So, the Patriots might not cut Brandon Lloyd as was expected. Lloyd is owed a $3 bonus, which coupled with his $1.9 million salary for next season, he would be taking up $4.9 of the cap. So, the Patriots just want to restructure that apparently, not cut him.
Mike Reiss reports:
But that doesn't necessarily mean that Lloyd won't be back with the team, as the sides have entered into talks on a restructured contract, sources have told ESPN.
The Patriots are completely revamping their receiver core, after not having a very deep one last year. They've already signed Donald Jones, an outside receiver, as well as Danny Amendola. Reportedly, Emmanuel Sanders is in town.
Without Welker, Lloyd might go back to being the number one guy. Might. There's still an awful lot of talent to catch passes from Tom Brady as is and the Patriots aren't done yet. Either way, despite Lloyd's odd personality, he still has a lot to offer. He didn't impress as much as expected in his debut, but perhaps another year could do him good and he can build a better rapport with Brady. He doesn't provide a deep threat, but he's still one of the best in the league outside the numbers, catching insanely difficult sideline throws.
If they are going to keep him at a cheap number and minimize the cap hit? Why not?