The Baltimore Ravens signed Willie Snead to an offer sheet last week and it will not be matched by the New Orleans Saints.

Snead was tendered at the lowest level so Baltimore does not owe any compensation for signing the wideout.

Snead's contract will be a two-year, $7 million deal with another $3.4 million in incentives.

Snead reported to the Saints' workouts last week without signing his restricted free agent tender.