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Johnny Patrick was a popular waiver-wire name

Louis Murphy, Johnny Patrick

New Orleans Saints’ Johnny Patrick (32) breaks up a pass intended for Carolina Panthers’ Louis Murphy (83) during the second half of an NFL football game Sunday, Dec. 30, 2012, in New Orleans. (AP Photo/Dave Martin)

AP

For a recent third-round pick who couldn’t get on the field for the league’s all-time worst defense (as measured by yards allowed), cornerback Johnny Patrick was popular yesterday.

After being released by the Saints, he was claimed off waivers by the Chargers. But according to Adam Caplan of TheSidelineView.com, the Seahawks and Colts also put in claims for the former Louisville corner.

Patrick being popular (primarily because he’s cheap) illustrates the “one man’s trash is another man’s treasure” nature of the business, which is worth remembering as teams obsess over the measurables of mid- to late-round picks this week.