The Patriots are by and large set at the wide receiver position after signing Brandon Lloyd, Donte' Stallworth, and Anthony Gonzalez so far this offseason.
Before that, they franchised Wes Welker.
But that didn't stop them from reportedly re-signing Deion Branch on Thursday.
Branch played 15 games for the Patriots last season, making 51 cached for 702 yards and five touchdowns.
Those numbers are almost identical with the ones he put up last season with the Patriots in 11 games -- 48 catches, 706 yards, five touchdowns.
He expressed his happiness on the completed deal via Twitter.
It's truly an honor and a blessing to be back with Patriots next year. Can't wait to get back in the swing of things. Deion Branch 84 (@deionbranch84) March 22, 2012
Branch turns 33 in July, and is clearly on the back-end of his career (which is why the Patriots needed wide receiver help), but a one-year deal (terms undisclosed) isn't too much of a risk, and his role on the team should be reduced some with the other wide receiver acquisitions made this offseason.
So what does this mean for Chad Ochocinco, the only full-time wide receiver who was under contract with the Patriots going into the offseason? He could be the odd man out.
ESPN was first to report the Branch signing.