Patriots Release WR Brandon Lloyd, Still No Offer Sheet For Steelers WR Emmanuel Sanders

The New England Patriots, as expected, released veteran wide receiver Brandon Lloyd on Saturday to avoid paying him the $3 million roster bonus that he was due. Lloyd was also scheduled to earn a base salary of $1.9 million in addition to that bonus.

Now that the Patriots have cleared more salary cap room, they could decide to sign Pittsburgh Steelers restricted free agent Emmanuel Sanders to an offer sheet. As of 4:00 p.m. on Saturday, however, Sanders still hasn\’t received or signed an offer sheet from the Patriots. It was erroneously reported on Friday by several media outlets and blog sites that Sanders had already signed an offer sheet.

Should the Patriots ultimately sign Sanders to an offer sheet, the Steelers will have the choice to match it within seven days once their former third-round draft pick presents it to them. A decision not to match would result in the Steelers receiving the Patriots third-round draft pick in the upcoming draft as compensation.

Letting Sanders leave would also free up less than a million in cap space for the Steelers after displacement, as the $1.323 million tender that they gave to him prior to the start of free agency would then be off of the books.

  • At this point id be fine trading manny for a 3rd rounder

  • Jollyrob68

    Take the pick I’d also rescinder Redmans tender for more cap space.

  • Jason White

    I’d rather have Sanders. Yeah I know you could draft another receiver in an early round and one later. You might wind up with another Sanders or Brown or you could wind up with a couple Limas Sweeds as well. Sanders in my opinion has better upside over having another 3rd round pick due to the unknown of how that player might turn out.

  • alex

    some writing on the wall with that Lloyd release…bummer…

  • Not this WR class. It is absolutely stacked. I think 10 of these WRs have more upside than Sanders and Sanders injuries have held him back from reaching his potential yet. Tomorrow is his birthday, wouldn’t that be a nice present

  • 2 years ago i would have wanted sanders… but at i dont see him ever reaching his full potential… he now strikes me as a young plaxico with the open field fumbles and dropped passes… guys always got his eyes on the endzone which IMO is a curse

  • steeltown

    I think Sanders is all but gone now…

  • Agreed, we need a flood of draft picks, which pitt can find hus replacment for cheap and fill otger needs.