The 27-year-old receiver signed a one-year extension, the team announced. A source tells NFL Network Insider Ian Rapoport the deal is worth $6 million. Snead will now be under contract through 2020.
The 2020 season will be Snead's third with the franchise since signing as a free agent in 2018. Through his seven appearances (five starts) in 2019, Snead has totaled 15 catches for 223 yards and two touchdowns.
After being released by Carolina, Snead signed with the Saints where he spent three seasons and tallied 149 receptions for 1,971 yards and seven TDs in 41 games played (20 starts).