All-pro Denver receiver Brandon Lloyd will be reunited with former Broncos head coach Josh McDaniels (now St. Louis offensive coordinator) after he was traded to the Rams today in exchange for a 2012 conditional draft pick. Lloyd is in the final year of his $1.4-Million contract with the Broncos.

The Rams gave up a sixth-round pick in the 2012 draft that could become a fifth-round pick if Lloyd catches 30 passes this season for St. Louis, sources told ESPN senior NFL analyst Chris Mortensen and ESPN NFL Insider Adam Schefter.

In an interview with ESPN's "SportsCenter" on Monday, Lloyd said he was "extremely happy" with the trade. Although the Rams, winless on the season, have struggled offensively, Lloyd said a "jolt of confidence" could be all that it takes to turn their struggling offense around.

"I don't see a terrible situation. I see it as a positive situation," he said.

Broncos executive vice president of football operations John Elway announced the trade on his Twitter page.

"We appreciate all the hard work that Brandon did during his three years in Denver and wish him the best with the Rams...," he wrote.