After weeks of speculation and two workouts, restricted free-agent wide receiver Willie Snead IV has reportedly signed a two-year offer sheet with the Ravens, per ESPN’s Adam Schefter.
The deal is reportedly worth $10.4 million. However, Snead isn’t a Raven yet.
The Saints have five days to match the offer. If they do, Snead reverts to New Orleans, where he’s been participating in the team’s offseason conditioning program.
The Saints, who placed a low tender on Snead, already added restricted free-agent wideout Cameron Meredith about a week ago.
Snead, 25, would give the Ravens a proven slot receiver that would complement Baltimore’s earlier free-agent additions of Michael Crabtree and Smokey Brown.