The New England Patriots have dropped Aaron Hernandez after he was arrested on murder charges. Aaron is being accused of murdering his friend and his fiancé’s sister’s boyfriend Odin Lloyd. The Pats released this statement on the team’s website…“A young man was murdered last week and we extend our sympathies to the family and friends who mourn his loss. Words cannot express the disappointment we feel knowing that one of our players was arrested as a result of this investigation. We realize that law enforcement investigations into this matter are ongoing. We support their efforts and respect the process. At this time, we believe this transaction is simply the right thing to do.” Hernandez signed a 5 year, $40 million dollar contract extension with the Patriots last August and was given a $12.5 million signing bonus.