WR Torry Holt placed on injured reserve

FOXBOROUGH, Mass. -- Veteran wide receiver Torry Holt was placed on injured reserve by the New England Patriots today, the team announced. Holt has a knee injury and will undergo surgery this week, according to his agent, Kennard McGuire.

"It's a great disappointment for Torry," McGuire said. "He saw this as a terrific chance to play with another great quarterback and being coached by one of the all-time greats."

It is possible the surgery will mean the end of Holt's stellar career.

The 34-year-old Holt was entering his 12th NFL season and first in New England after playing for the St. Louis Rams (1999-2008) and Jacksonville Jaguars (2009). He entered the 2010 season ranked 10th in NFL history with 13,382 receiving yards and 11th in receptions with 920.

Holt had signed a one-year contract with the Patriots on April 20, the team viewing him as a sound insurance policy for the recovering Wes Welker and the projected development of second-year player Brandon Tate. Since that time, Welker has returned to practice quicker than anticipated and Tate has shown promise.

Thus, Holt wasn't necessarily a slam dunk to land a roster spot. The Patriots have Randy Moss, Welker, Tate, Julian Edelman and 2010 third-round draft choice Taylor Price as virtual locks, so the depth chart was crowded before Holt hurt his knee.

In other roster moves, the Patriots waived safety Ross Ventone, re-signed receiver Buddy Farnham, and signed free-agent offensive lineman Brian Simmons.