The New England Patriots' busy offseason continues, as ESPN.com's Mike Reiss is reporting the team has agreed to a four-year deal with cornerback Kyle Arrington

Reiss also is reporting the Pats are working with wide receiver Brandon Lloyd on a new deal. Lloyd is due a $3 million roster bonus -- though the team is not expected to pick up that option.

Arrington has been with New England the past four years, and he's appeared in all 16 games in each of the last three seasons. His production dropped off significantly last season after compiling 88 tackles and seven interceptions.

On the other side of the ball, the Pats are in the middle of rebuilding their receiving corps. The team signed Danny Amendola earlier in the week after Wes Welker opted to head to Denver, and signed wide receiver Donald Jones to a deal earlier Friday

Now they are reportedly looking to bring Lloyd back into the fold, something that seemed unlikely a month ago. Furthermore, Steelers wide receiver Emmanuel Sanders visited the team Friday.

The Patriots appear to be interested in keeping Lloyd, though not at the $4.9 million salary cap hit they would have to endure in 2013. If both sides can agree on a cheaper price, though, Lloyd could be back in New England.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, subscribe to our RSS Feed, watch Pro Football 360 daily at 3 p.m. ET and NFL newsletter. You can also follow Evan Hilbert @evanhilbert.