The Patriots have agreed to terms on a one-year contract with veteran wide receiver Torry Holt, according to a league source. ESPN's John Clayton reports the deal could be worth up to $1.7 million.
The 33-year-old Holt played for the Jacksonville Jaguars last season, totaling 51 receptions for 722 yards. Holt, who spent the first 11 years of his career with the St. Louis Rams, enters his 13th NFL season.
Holt adds a veteran presence at receiver, where the Patriots have Randy Moss atop the depth chart, with second-year players Julian Edelman and Brandon Tate projected to have expanded roles as Wes Welker recovers from torn ligaments in his left knee.
Patriots quarterback Tom Brady likes being around veteran receivers at this point of his career, and Holt joins David Patten as more experienced options at the position.
Holt's agent, Kennard McGuire, was not available for comment to confirm the agreement, which gives the Patriots some flexibility entering the draft.
Patriots cornerback Darius Butler, on Twitter, reacted to the agreement.
"Excited to have him on the squad," Butler wrote. "Another vet WR's brain I can pick."