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Pats, Brandon Lloyd working on deal

Updated: March 15, 2013, 1:53 PM ET
By Mike Reiss | ESPNBoston.com

The New England Patriots have entered into talks to try to restructure wide receiver Brandon Lloyd's contract, sources told ESPN.

Lloyd is set to make a $3 million roster bonus this weekend, and the expectation has been that the club will not pick it up.

Lloyd was scheduled to earn a base salary of $1.9 million in 2013 and would have a salary-cap charge of $4.9 million. The Patriots have apparently determined that's too rich for their liking but would be open to retaining ...

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