Saints sign Colston to five-year deal

At one point, it looked like there would be a nice group of free-agent wide receivers for teams to choose from. Guys like DeSean Jackson and Dwayne Bowe got the franchise tag, so unless you’re willing to up the anti, you can scratch them off the list.

Now, you can take one more name off of that list. According to Jay Glazer, the New Orleans Saints have agreed to deal with WR Marques Colston.

“Scoopage: Take 1 name off the list of free agents set to hit the market today. Saints have just agreed to new 5 yr deal w WR Marques Colston,” Glazer tweets.

We knew the two sides were working hard to get something done and Colston made it clear he wanted to stay in New Orleans. While we don’t have the details of the contract, the Saints only have $7 million in cap space this season, so his base salary is probably going to be low.

UPDATE: It’s reportedly a five-year, $40 million with $19 million in guarantees.