Great stuff throughout this one from Bedard, including:

Odds are against Brandon Lloyd’s $3 million option bonus being picked up. There is still a lot of internal debate about what to do considering the Patriots literally couldn’t line up tomorrow at receiver. Lloyd’s erratic behavior in the locker room and on the practice field proved tiresome, according to a league and team source. If they cut Lloyd, that would save the Patriots $4.9 million against the cap this season, though there will be $2 million in dead money that can be spread out over two years. The team was smart to build in protection with Lloyd.

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