The Patriots announced Thursday afternoon they have re-signed linebacker Derrick Burgess and released linebacker Bruce Davis and wide receiver Isaiah Stanback. In his first season in New England last year, the 31-year-old Burgess had 35 tackles and five sacks. For more Patriots news, check out our football blog, It Is What It Is.

FOXBORO — On Thursday afternoon, Patriots owner Robert Kraft wouldn’t comment specifically on any contract negotiations with offensive lineman Logan Mankins or quarterback Tom Brady.

“I’m not the one doing it, so I can’t answer that,” he said while speaking with reporters at the Patriots 2010 Community MVP Awards. “They are two young men who will be on this team and two important people to us for the future.”

FOXBORO — They are members of a small fraternity, a unique group that no one wants to be a part of. Call it the Curse of the Third-Round Picks.

The Patriots announced Wednesday that they are in the process of installing two new high-definition Daktronics LED video scoreboards at Gillette Stadium.

Patriots defensive lineman Ron Brace called his rookie experience “humbling,” and said Wednesday he wasn’t prepared for life in the NFL.

“For someone coming out straight out of college straight into the real world, you have this job where everybody’s yelling at you to do something and you don’t know what you’re doing and you basically have to catch on quick and catch up with the pack,” he said Wednesday after participating in organized team acitivities at Gillette Stadium.

The Patriots officially announced the signing of third-round pick Taylor Price Tuesday afternoon. According to a league source, Price signed a four-year deal worth $3.35 million. A wide receiver out of Ohio who was taken with the 90th overall pick, he is the first third-round pick to sign a contract and the highest draft selection to sign with his team.

Here is part of the press release from the team on the move:

According to a league source, the Patriots and third-round pick Taylor Price have agreed on a four-year deal worth $3.35 million. Price, a wide receiver out of Ohio, is a 6-foot, 204-pounder who was Ohio’s all-time leader in receptions with 149. In addition, his career totals in receiving yards (2,019) and touchdowns (14) rank second in the school’s history. He is the second draft pick to agree to a contract with New England — sixth-round pick Ted Larsen signed a four-year deal with the Patriots on May 18.

The Patriots' 2010 preseason is going to be one of the most unique in the history of Bill Belichick's tenure as head coach. After it was announced the team will hold a series of "combined practices" in the days leading up their preseason contest against the Falcons in Atlanta on Aug. 19, ESPN reported Tuesday morning the Patriots will do the same thing in the days prior to their Aug. 12 preseason opener against the Saints in Foxboro.

Pro Bowl left guard Logan Mankins won’t attend voluntary organized team activities with the Patriots over the next month without a new contract, his agent told Comcast Sports Net on Monday. Mankins’ agent Frank Bauer said Mankins would not be in attendance, and added that no progress was being made at this time on a new deal.

The Patriots announced Monday afternoon ago they claimed and were awarded quarterback Mike Teel off waivers from Seattle. The move, which was hinted at over the weekend by many people (including Teel on his Twitter feed), gives the Patriots four quarterbacks on the roster — Tom Brady, Brian Hoyer, Zac Robinson and Teel. (The team announced earlier Monday morning that Teel had made it in for the start of organized team activities, and will wear No. 6.) Teel, 6-3, 225 pounds, was drafted by Seattle in the sixth round (178th overall) of the 2009 draft out of Rutgers.