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Patriots Sign WR Brandon Lloyd

Scott Boehm/Getty Images(NEW YORK) -- Patriots quarterback Tom Brady will have another weapon to throw to in 2012. 

Free agent wide receiver Brandon Lloyd and the New England Patriots have reached an agreement on a three-year, $12 million contract on Saturday, according to ESPN NFL Insider Adam Schefter.

Lloyd caught 51 passes for 683 yards and five touchdowns in 11 games for the Rams in 2011 after being traded from the Broncos at the start of the season.

"I'm ready for work," Lloyd told CSN New England on Saturday night. "The time for talking is done. I couldn't be more excited."

Copyright 2012 ABC News Radio

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