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Ravens sign Saints restricted free agent Willie Snead to offer sheet

New Orleans Saints v Atlanta Falcons

ATLANTA, GA - JANUARY 01: Willie Snead #83 of the New Orleans Saints runs after a catch during the second half against the Atlanta Falcons at the Georgia Dome on January 1, 2017 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images)

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The Ravens aren’t finished trying to rebuild their receiving corps.

According to multiple reports, which PFT has confirmed, the Ravens have signed Saints restricted free agent Willie Snead to a two-year offer sheet worth up to $10.4 million.

The Saints have five days to match it, though it seems unlikely they would.

The Saints signed Bears RFA Cameron Meredith to join a group including Michael Thomas and Ted Ginn, which wouldn’t seem to leave much room for Snead at any price. They also brought back Brandon Coleman.

The Ravens have churned the position, getting rid of Mike Wallace, Jeremy Maclin, and Michael Campanaro, and bringing in free agents Michael Crabtree and John Brown.

Snead caught just eight passes last year, but was productive his first two years with the Saints, catching 69 and 72 passes. A three-game suspension last year left him out of the game plan early, but the Ravens obviously think he can return to form.