The Saints are not expected to match the two-year offer sheet Snead signed with the Ravens, Jason La Canfora of CBS Sports reports. Snead, a restricted free agent, signed a two-year offer sheet with the Ravens worth up to $10.4 million, which may be back-loaded or heavy on incentives. The Saints recently signed Cameron Meredith from the Bears and re-signed Brandon Coleman, so they have less of a need at wide receiver. The 25-year-old will presumably fill a need for the Ravens in the slot, while Michael Crabtree and John Brown are expected to be the primary perimeter receivers. An undrafted free agent in 2014, Snead compiled 141 receptions for 1,879 yards and seven touchdowns across 30 games between the 2015 and 2016 seasons, but never really got reintegrated in the offense after starting last season with a DUI suspension and a hamstring injury. Barring any last-minute second thoughts, Snead appears set to head to Baltimore for the 2018 season.
Snead, a restricted free agent, is signing a two-year offer sheet with the Ravens, Adam Schefter of ESPN reports. The contract is worth up to $10.4 million, though it may be back-loaded or heavy on incentives. Regardless, the Saints are unlikely to match the offer, considering they recently signed Cameron Meredith away from the Bears on a similar contract and then re-signed Brandon Coleman, per ESPN.com's Mike Triplett. Snead would fill a clear need in the slot in Baltimore, where Michael Crabtree and John Brown -- primarily perimeter receivers -- have already been signed to replace offseason departures Mike Wallace (Eagles), Jeremy Maclin (unsigned) and Michael Campanaro (Titans). Snead entered the league as an undrafted free agent in 2014 and caught 141 passes for 1,879 yards and seven touchdowns in 30 games between the 2015 and 2016 seasons, thriving alongside Drew Brees while primarily working the slot. The 25-year-old never reintegrated into the New Orleans offense after starting last season with a DUI suspension and then a hamstring injury, catching eight passes in 11 games. The Saints won't receive any compensation if they decline to match the contract, as they used an original-round tender on Snead. That in itself was a clear sign the team considered him expendable, as a second-round tender would've likely prevented offer sheets and only cost about $1 million more. The Saints have five days to make their decision official.
Snead reported to the Saints on Monday for the beginning of the team's voluntary offseason workout program, Ian Rapoport of NFL Network reports. A restricted free agent, Snead hasn't signed his original-round tender for approximately $1.9 million, likely still hoping to sign an offer sheet with another team. His participation in the offseason program suggests he isn't happy with the offers he's getting and may prefer to stay with the Saints for another year before hitting unrestricted free agency next offseason. Coming off a monstrously disappointing 2017 campaign, Snead profiles as the Saints' likely No. 4 receiver after the team lured Cameron Meredith (knee) away from the Bears with the type of RFA offer sheet Snead would've liked to sign. Leading 2017 receivers Michael Thomas and Ted Ginn both are returning, while Meredith is optimistic he'll bounce back from last year's torn ACL in time for training camp. Snead visited with the Ravens a couple weeks ago, but he ultimately left Baltimore without signing an offer sheet. Per ESPN.com's Mike Triplett, Friday is the deadline for restricted free agents to sign offer sheets.
Snead is visiting the Ravens on Wednesday, Adam Schefter of ESPN reports. This is Snead's first reported visit as a restricted free agent, with the Saints' decision to use an original-round tender on him meaning that another team can sign the wideout without surrendering draft compensation. The Saints will have the option to match any offer sheet, but their decision to not use a second-round tender -- which only would have cost about $1 million more -- suggests they don't view Snead as a priority. Snead came into the league as an undrafted free agent in 2015 and had 984 and 895 yards his first two seasons, but he opened last year with a DUI suspension and then a hamstring injury, ultimately catching only eight passes in 11 regular-season games. if he signs with Baltimore, Snead would join Michael Crabtree and John Brown in a revamped receiving corps.
The Saints are using an original-round restricted free agent tender on Snead, ESPN.com's Adam Schefter reports. Given that Snead entered the NFL in 2015 as an undrafted free agent, the Saints won't receive any compensation if they fail to match an offer sheet from another team. This move provides a strong hint the team is fine with letting him go, considering a second-round tender only would've cost about $1 million more and essentially would've locked Snead in for another year in New Orleans. The 25-year-old was limited by a DUI suspension and hamstring injury while catching only eight passes in 11 games last season, but he nonetheless figures to draw outside interest, considering he had 984 and 895 yards his first two seasons in the league.
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