Floyd was released this week by Arizona following his Monday arrest on DUI charges. The 27-year-old pass catcher was previously arrested in 2011 for driving under the influence.
Landing in New England, Floyd -- set to become a free agent this offseason -- will look to rescue a troubled 2016 campaign that has seen him post personal lows in catches (33) and yards (446) with a career-high in drops.
From a 2016 fantasy standpoint, owners shouldn't expect much from Floyd in the regular season. It's going to take some time to learn the offense and gain Tom Brady's trust, and it's not like the Patriots are desperate for receiver talent with both Chris Hogan and Malcolm Mitchell playing well.