Malcom Floyd is nearing a decision on a new team, and several teams remain interested in the receiver, according to league sources.
Floyd is one of the hotter commodities left on the open market, but he has taken his time with his decision. The Chargers would like to retain Floyd, but the Ravens, Panthers, Cardinals and 49ers are among other teams also interested.
Several of the teams involved are trying to rework contracts and massage their salary cap and budgets, sources said. The league year is set to open Thursday, and teams need to be in cap compliance by then.