Yes, there is still a chance Malcom Floyd will be a member of the San Diego Chargers in 2011. A slim chance that is better than none only because of how the market has fallen.
Floyd is waiting for a call many expected would come in the first couple days after the free agency negotiating period opened. Floyd will end up somewhere, but likely for about half what his agent was initially asking. That initial asking price topped $5 million. It would need to come down even further for Floyd to return to the Chargers.