Saints Rumors

Saints Expected To Sign DE Chase Young

Chase Young‘s free agent period is likely to come to an end. The former No. 2 pick is set to visit the Saints today with the intention of signing, as first reported by Jordan Schultz of Bleacher Report.

Young will receive $13MM fully guaranteed on a one-year deal, ESPN’s Adam Schefter adds. That represents quite the ‘prove-it’ commitment on the part of New Orleans, a team which has shown interest in the former Defensive Rookie of the Year. Young’s visit with New Orleans was rescheduled to today, per Nick Underhill of NewOrleans.Football. Provided it goes according to plan, the sides will have a deal in place.

A trio of teams quickly emerged as Young suitors – New Orleans, Carolina and Tennessee. It thus comes as little surprise that the Saints appear to have won out the competition for his services as he profiled as one of the more intriguing free agents on the market. Young will be 25 at the start of the 2024 season, meaning he could have more upside and runway for high-end play than many other veterans who landed big-money deals last week.

The Ohio State product entered the league with massive expectations, but for the most part he did not deliver during his time in Washington. Injuries in 2021 and ’22, along with perception of freelancing during his time with the Commanders, hindered Young’s trade value leading up to this year’s deadline. Washington appeared committed to retaining one of he and fellow first-rounder Montez Sweat at that point. As such, Young’s contract year could have ended with him remaining in the nation’s capital.

However, he (like Sweat) was traded, finding himself in a deal which allowed him to reunite with former college teammate Nick Bosa in San Francisco. Young recorded five sacks in seven regular season games with the 49ers, adding one in the team’s postseason run. A deal keeping him on the Bay Area was in the cards, but Young made it clear upon arrival he would test the market. That suggested a departure could be coming, and he will now join a Saints team making another investment along the edge.

New Orleans has Cameron Jordan and Carl Granderson in the fold, with both veterans having signed extensions last offseason. The team has also spent significant draft capital at the defensive end spot in recent years, including a first-round pick in 2021 (Payton Turner) and a second-rounder last April (Isaiah Foskey). Young will join that edge group for at least one season ahead of another potential trip to free agency.

The Saints – following yet another offseason filled with restructures and cuts needed to achieve cap compliance – entered Monday with $18.6MM in cap space. Young’s deal being fully guaranteed will eat into that figure considerably, although void years will no doubt be in place. It will be interesting to see how he fares in New Orleans and how his performance affects his value ahead of next offseason.

Minor NFL Transactions: 3/15/24

Friday’s minor transactions:

Arizona Cardinals

Chicago Bears

  • Released: OL Roy Mbaeteka

Cincinnati Bengals

Detroit Lions

Green Bay Packers

Houston Texans

Los Angeles Rams

Miami Dolphins

Minnesota Vikings

New Orleans Saints

New York Giants

Irwin gets a crack at a WR3 role in Cincinnati as Tyler Boyd heads to free agency. Irwin also holds experience as the team’s backup return man, filling in last year when Charlie Jones was injured.

Heck rejoins the Texans on a one-year deal worth up to $3.3MM. He’ll add some key depth at an important position.

Rozeboom was a restricted free agent who wasn’t tendered. Regardless, the two sides work out a fully guaranteed deal for 2024.

Feeney joins the Vikings on a one-year deal. Though far removed from a consistent starting role with the Chargers, Feeney has continued to find starts throughout his career as a valuable body off the bench.

The Giants bring in two tight ends without much receiving experience. Manhertz, a veteran whose played for the Panthers from 2016-20, has extensive starting experience as a blocking tight end with 53 starts in his career.

Saints To Sign WR Cedrick Wilson Jr.

Cedrick Wilson Jr. is back in the NFC. Following a two-year stop in Miami, the wide receiver is set to sign with the Saints, according to Jonathan Jones of CBS Sports. Wilson will be inking a two-year deal with New Orleans.

Wilson made a name for himself in Dallas, transforming from little-used sixth-round pick into a consistent member of the offense. The receiver had a career year in 2021 despite playing alongside CeeDee Lamb, Amari Cooper, and Michael Gallup. Wilson finished that campaign with 45 catches for 602 yards and six touchdowns, and he added another five receptions in his lone playoff game.

Wilson parlayed that performance into a three-year, $22.8MM deal with the Dolphins in 2022. Unfortunately, he could never establish himself as the true WR3 behind Tyreek Hill and Jaylen Waddle. While Wilson got into 30 games through his two seasons with the Dolphins, he was limited to only 34 catches for 432 yards and three scores. The veteran restructured his deal last offseason, making him a free agent following the 2023 campaign.

Michael Thomas was cut by the Saints earlier this week, leaving the team with a barren WRs depth chart. The grouping is still led by Chris Olave, but the rest of the WRs room consists only of Rashid Shaheed and A.T. Perry. The team will surely add more depth before the offseason is through, but Wilson should have an opportunity to contribute regardless of any future acquisitions.

Saints To Sign QB Nathan Peterman

The Saints designated Jameis Winston as a post-June 1 cut, leaving the position of Derek Carr‘s backup open. Carr’s health issues last season made that role more relevant than it was in Oakland and Las Vegas.

Nathan Peterman is heading to New Orleans to be one of Carr’s backups, Nick Underhill of NewOrleans.football tweets. Peterman has experience as a Carr backup, being one of the Raiders’ reserves under Jon Gruden, and has worked with new Saints QBs coach Andrew Janocko with the Bears. Peterman’s deal is for one year and worth the veteran minimum, Underhill notes.

Peterman spent the past two seasons in Chicago, finding himself on and off the Bears’ active roster. He was released during final roster cutdowns in August, confirmation that UDFA Tyson Bagent won out Chicago’s backup quarterback competition. Peterman was ultimately brought back into the fold later on in the year, though, and he remained on the active roster from mid-October onwards.

New Orleans faced increased expectations on offense after using Winston and veterans like Andy Dalton under center in previous years. Carr – who inked a four-year, $150MM deal – had an up-and-down showing while battling injury for part of the campaign. A new offensive staff is in place for 2024, and Carr will face pressure to perform under Klint Kubiak, especially given the fact his 2025 salary does not become guaranteed until next March.

Much of New Orleans’ success on offense will of course depend on the play of Carr, but Peterman could be tasked with stepping in for him if needed. The Saints also have 2023 fourth-rounder Jake Haener (who was issued a six-game PED suspension to start the year) along with Swiss Army knife Taysom Hill as other QB options.

Adam La Rose contributed to this post.

Minor NFL Transactions: 3/13/24

Today’s minor moves:

Chicago Bears

Cleveland Browns

Houston Texans

Jacksonville Jaguars

Miami Dolphins

New Orleans Saints

San Francisco 49ers

Seattle Seahawks

Tennessee Titans

Washington Commanders

Saints Release WR Michael Thomas

MARCH 13: The Saints will follow through with this reported plan. Thomas is no longer on the team’s roster as of the start of the 2024 league year, NewOrleans.football’s Nick Underhill tweets. Thomas’ dead money hit will drop from $12.4MM to $11.2MM, NewOrleans.football’s Mike Triplett notes. This separation will still be expensive for the Saints, who will take on a $9.2MM hit in 2025. The Saints also cut Thomas with a failed physical designation.

Rather than Maye, the Saints are using their second post-June 1 designation on Jameis Winston. Due to another uniquely structured contract, Winston’s cap charge will drop from $4.6MM to $3.4MM on June 2, Tripplett adds. The Saints will take on $7.3MM in dead cap on the Winston deal in 2025.

MARCH 7: Michael Thomas‘ four-year run of success in the 2010s kept providing chances as his career skidded off track in the 2020s. It appears the injury-prone wide receiver will finally separate from the Saints.

New Orleans is expected to release Thomas when the new league year begins March 13, NOLA.com’s Jeff Duncan notes. Although Thomas participated more in games last season than he had since 2019, the former All-Pro’s run of injuries always made it likely he would not be back for the ’24 campaign.

Thomas, who turned 31 last week, missed the Saints’ final seven games due to a knee injury. This ran the former All-Pro’s missed-games count to a whopping 48 since 2020. Various injuries are responsible for this, and the most recent one paused a season in which Thomas had accumulated 39 receptions for 448 yards in 10 games. The yardage total doubles as his most since he notched an NFL-leading 1,725 during the 2019 season, which featured a still-standing NFL record of 149 catches.

That season came on the heels of the Saints giving the former second-round pick a five-year, $96.25MM extension. Thomas had run off back-to-back first-team All-Pro seasons in 2018 and ’19, helping Drew Brees remain one of the NFL’s best quarterbacks into his early 40s. But the ankle, foot and knee trouble that has thrown the Ohio State alum’s career off course in the 2020s will almost definitely lead him out of town.

This being the Saints, a complex contract structure is in place. The parties, after multiple adjustments last year, agreed to give it another try on what amounted to a $10MM payment. Thomas’ latest contract was designed to be extended or shed from the Saints’ payroll, as ESPN.com’s Katherine Terrell notes; the latter course will bring about a $11.2MM in dead money via a post-June 1 designation. It appears the Saints will use both their allotted post-June 1 moves this year, with Marcus Maye also set to be cut on March 13.

Thomas was also arrested on a simple battery charge last year, and Duncan adds the talented wideout gained a reputation as a difficult personality inside the Saints’ facility. While this clearly did not dissuade the Dennis Allen-led team from signing off on another reunion last year, as Thomas said he was only interested in playing for the Saints again, the parties will go their separate ways soon.

Although the Broncos are the current landing spot for ex-Saints, it will be interesting to see if Sean Payton would take a chance here. Thomas rankled the Saints by not going through with an ankle surgery early during the 2021 offseason, leading to a mid-offseason operation that delayed his return in what became Payton’s final year with the team. A setback then led to Thomas missing all of the 2021 season, leaving the Saints with a bottom-tier receiving corps. While the Broncos have some issues to sort out at receiver, Thomas would not seem a lock to reunite with Payton once the Saints officially move on. But adding a former All-Pro at a low rate could appeal to a team regrouping after what will become the most expensive release in NFL history.

Saints To Sign LB Willie Gay

After the Chiefs gave Drue Tranquill another contract, Willie Gay will head elsewhere. The longtime Kansas City regular will resurface in New Orleans.

The Saints are adding Gay on a one-year contract worth up to $5MM, NFL.com’s Mike Garafolo tweets. Considering the value Tranquill received, the Chiefs made their choice. Gay, a four-year Chiefs starter, will now look to raise his stock with the Saints.

After grading as at least an above-average linebacker through his first three seasons in the NFL, Pro Football Focus ranked Gay only 72nd among 82 qualifying linebackers this past season. The former second-round pick’s snaps declined throughout the year, although that was also due to a shoulder injury.

Still, Gay managed to finish the season with 58 tackles, and he’s only a year removed from a career year in 2022 when he finished with 88 stops and 2.5 sacks. Heading into his age-26 season, there may not be a whole lot of untapped potential, but Gay has shown that he can at least be a dependable option in the linebackers room.

The Saints have been busy working on deals with linebackers during the opening days of free agency. We learned yesterday that the organization was extending Demario Davis despite the LB still having a year left on his contract.

DE Chase Young To Visit Panthers, Saints, Titans

A few of the top edge rushers in the 2024 free agent class have already found a new home. One of the more intriguing options still available is Chase Young, who has a trio of visits lined up. Carolina and New Orleans are expected host Young later this week, Tom Pelissero of NFL Network reports. The Titans will also bring him in, colleague Ian Rapoport notes.

While Young’s Panthers meeting is taking place Thursday, Nick Underhill of NewOrleans.football notes the former Defensive Rookie of the Year will make his trip to New Orleans on Friday.

Entering the NFL with massive expectations, Young seemed destined for a long and productive Commanders career given his play in 2020. He won Defensive Rookie of the Year honors that season, but things did not go according to plan after that. A torn ACL and a ruptured patellar tendon left the former No. 2 pick sidelined for considerable stretches, and his time in Washington ultimately came to an end at the trade deadline.

By the time the Commanders elected to deal Young to San Francisco, fellow defensive end (and pending free agent) Montez Sweat had been traded. The latter’s absence seemed to suggest Washington would attempt to re-sign Young, but instead his walk year concluded with the 49ers. Playing opposite Nick Bosa, Young posted only 2.5 sacks in nine regular season games with San Francisco (albeit while logging a much smaller workload). The Ohio State alum chipped in with one sack in the team’s run to the Super Bowl, but it would come as a surprise if the NFC champions made a major effort to retain him after his 2023 showing.

Still only 24, Young profiles as having some of the highest upside amongst free agents on either side of the ball this year. In both Carolina and New Orleans, he would be counted on as a key edge rush producer. The Panthers finally put an end to the Brian Burns saga on Monday, dealing him to the Giants. That has created a major vacancy along the edge, as Burns was the team’s most proficient sack artist.

Carolina was last in the league in sacks in 2023, and New Orleans did not fare much better (28th). The Saints were led in that department by Carl Granderson, but fellow defensive end Cameron Jordan was limited to a pair of sacks. Adding Young as a (potentially) impactful rusher off the edge would be beneficial to a Saints team needing to get younger on defense.

Tennessee saw 2023 sack leader Denico Autry agree to a deal with the Texans yesterday, so a replacement will be needed. Harold Landry and Arden Key are both under contract for 2024, but another rotational option would help the Titans’ front seven as the team looks to rebound from a poor performance last season. Young appears prepared to take his time vetting potential landing spots. .

Saints To Extend LB Demario Davis

Demario Davis was already on the books for 2024, but the lack of guaranteed money on his deal led to uncertainty regarding his future. The All-Pro linebacker will remain with the Saints, however, having agreed to a new deal. ESPN’s Adam Schefter reports the sides have worked out an agreement on a two-year, $17.25MM contract.

In Saints fashion, this agreement will create cap space. Davis had been tied to an $18.2MM cap hit in his contract year; this pact will reduce that and help a perpetually cap-strapped New Orleans operation. Going into today’s legal tampering period, the Saints resided $10MM-plus over the cap.

This will also give Davis more security in the form of guarantees; the veteran linebacker had been tied to a nonguaranteed 2024 salary worth $10MM. Davis has been one of the Saints’ top players for many years, and the 35-year-old defender will be set for a seventh season in Louisiana.

Davis has continually showcased a versatile skillset, being one of the best blitzing ‘backers in this era. The former Jets and Browns starter, despite being an off-ball presence, is coming off back-to-back 6.5-sack seasons. As Cameron Jordan has moved into his mid-30s and Payton Turner having not delivered on a first-round investment, Davis’ sack production has been important for a Saints team still trying to find its footing post-Drew Brees.

A marvel in IDP fantasy leagues, Davis paired 121 tackles and six pass breakups with those 6.5 sacks last season. The durable defender has posted 100-tackle seasons in each of his six Saints slates, adding 29.5 sacks during his New Orleans run. While Davis is nearing the end of an impressive career, the Saints will keep him around for at least one more season. A reassessment after this age-35 season seems likely, even as Davis has continued to deliver upper-crust work into his mid-30s.

RFA/ERFA Tender Decisions: 3/10/24

During a busy day of transactions and headlines, teams still had time for a few free agent tender decisions:

RFAs

Non-tendered:

ERFAs

Tendered:

Non-tendered:

While Stoll, one of Philadelphia’s top backup tight ends, is not being tendered by the Eagles, the team has reportedly not ruled out a return. Similarly, Cox, Gore, Harris, Arnold, and Sims will all join Bowden in free agency, though the door remains open for their returns, as well.